logo

BiyaPay Analyst: BTC Monthly Drop Mainly due to ETF Outflows

By: theblockbeats.news|2025/08/27 10:02:20

BlockBeats News, August 27th, BiyaPay analysis pointed out that the price drop of BTC this month is related to ETF fund outflows. In order to usher in a potential bull market by the end of the year, a large amount of funds inflow is needed.

In January 2024, 11 physically-backed Bitcoin ETFs were listed on NASDAQ, allowing investors to gain exposure to cryptocurrency without having to self-custody the coins. Since then, these funds have cumulatively attracted $53.9 billion in investment.

However, these funds recorded a net outflow of $972 million this month, the second largest since inception, second only to February's $3.56 billion. If Friday's data still shows a net outflow, it will mark the end of a four-month trend of fund inflows.

A whale has shorted XPL and WLFI on Hyperliquid, with an unrealized loss of $1.4 million.
QCP Capital: Market closely watching tonight's NVIDIA earnings report, a drop in US stocks will increase crypto market risk

You may also like

Share
copy

Gainers

Latest Crypto News

03:15

The PENGU project team's token deployment address has transferred a total of 38.811 billion PENGU to a CEX since mid-July.

03:15

Trump-Backed Republican Narrowly Wins Tennessee, Midterm Election Outlook Dim

02:45

Kalshi Co-Founder Lopes Lara Becomes the World's Youngest Self-Made Female Billionaire

02:45

Cryptocurrency Fear and Greed Index Rebounds to 28, Exiting "Extreme Fear" Range

02:45

JGB Yields Rise as Market Focuses on This Week's Economic Data

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]