Bitcoin Spot ETFs Post $23.2M Net Outflow as BlackRock IBIT Faces $1.988B Exodus

COINOTAG News (Aug 23) reports that, per Farside Investors monitoring, U.S. Bitcoin spot ETF flows registered a reported net outflow of $23.2 million yesterday, reflecting short-term investor reallocations across multiple issuers.

The breakdown cited: BlackRock IBIT -$1.988 billion; Fidelity FBTC +$50.9 million; Bitwise BITB +$12.7 million; ARK ARKB +$65.7 million; Franklin EZBC +$13.5 million; VanEck HODL +$26.4 million; Grayscale GBTC +$6.4 million, according to the monitored flow data.

Market participants should interpret these figures as intraday flow dynamics affecting relative AUM and issuer positioning rather than signals of fundamental Bitcoin demand shifts; the published numbers are descriptive of yesterday’s ETF allocations as reported by the monitoring service.

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Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etfs-post-23-2m-net-outflow-as-blackrock-ibit-faces-1-988b-exodus/