CoinMeta data: On Wednesday, there was a net outflow of $487.1 million in Bitcoin ETF registrations in the United States, the largest single-day outflow since June 25th. Although analysts suggest that a large amount of capital inflow is needed to effectively push the Bitcoin price above $87,000, the data indicates that market sentiment is developing in the opposite direction. Since January 2024, the total net inflow into these funds has been $57.33 billion, but so far this year, the net inflow has only been $717 million, reflecting the volatility of the market.