Bitcoin ETF Inflows Plummet as Investors Pull Out $223 Million

Spot Bitcoin ETFs experienced a sudden reversal in investor sentiment, with a significant net outflow of $223 million recorded on September 4th. This marked a sharp break from the previous two days of positive inflows and raised questions about market dynamics driving these investments. Market observers highlight that established funds like BlackRock, Fidelity, and Ark Invest led the outflows, suggesting a broader trend rather than isolated events.