Bitcoin ETF sees $20.2 billion in capital outflows, while price remains around $77,500
2026-08-29 16:56:19
According to CoinMeta, as the capital inflows into spot Bitcoin in the United States ETF ceased after nine consecutive trading days, the flow of funds weakened. Short-term technical indicators indicated a capital outflow of $20.2 billion for Bitcoin ETF on August 28. On August 29, Bitcoin was trading at around $77,500, a decrease of 2.9% from the previous 24 hours. Prior to that, Bitcoin had briefly fallen to $77,078 on August 28. Despite the selling pressure, Bitcoin still attracted $92.45 billion in capital inflows during the trading week from August 24 to 28. Analysts pointed out that the ongoing capital outflows may indicate a weakening in demand following Bitcoin's strong rebound in August.
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Source:Cryptonews
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