US-listed Bitcoin ETFs have recorded cumulative net outflows of approximately $8.2 billion over the past eight weeks, highlighting ongoing volatility and fragility in institutional demand. This trend continued despite a brief inflow period in July, suggesting that the market recovery remains unstable. Observers note that these outflows could indicate weakening institutional confidence in the Bitcoin market. Key factors to monitor include any signs of renewed inflows, regulatory developments from SEC Chair Paul S. Atkins, and the upcoming Federal Reserve meeting.
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