Bitcoin Spot ETF Outflows Signal Shift in Investor Sentiment

A significant net outflow of $126.7 million from U.S. Spot Bitcoin ETFs occurred on August 29th, marking a notable shift in investor behavior. This marked the end of a five-day streak of consistent inflows and prompted attention from analysts and investors alike. While positive flows were observed earlier this week, this sudden outflow suggests a pause in bullish momentum and raises questions about the market’s direction.