
Bitcoin ETFs record fresh investor outflows
Spot Bitcoin (CRYPTO:BTC) ETFs recorded net outflows on 12 August, according to the report.
Galaxy Research linked 1,367.05 Bitcoin (CRYPTO) worth US$88.6 million across 4,585 addresses to suspected Coldcard wallet drains.
Bitcoin (CRYPTO:BTC) whales bought about US$1.2 billion worth of Bitcoin as exchange-traded funds attracted about US$750 million in inflows.
Spot Bitcoin (CRYPTO:BTC) exchange-traded funds have experienced renewed investor outflows, prompting closer scrutiny of the cryptocurrency's resilience amid changing liquidity conditions.