Bitcoin ETF Outflows Mount: $195.9M Exit Marks Fifth Consecutive Day of Capital Withdrawal

U.S. spot Bitcoin ETFs have experienced sustained outflows, with a significant net outflow of $195.9 million recorded on August 21st. This marks the fifth consecutive day of capital withdrawal from these investment vehicles and raises concerns among investors and analysts alike about the underlying dynamics at play. The data offers valuable insight into investor sentiment and potential market impact.