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Bitcoin ETFs Bleed for 4th Straight Day, But Big Players Still Buying

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The US Bitcoin spot ETFs recorded net outflows of $196 million on Aug. 5, extending a losing streak to four consecutive days. This exodus comes as Bitcoin BTC $114 184 24h volatility: 0.2% Market cap: $2.27 T Vol. 24h: $35.53 B started the month with a bloodbath, recording a 3.5% weekly loss.

Fidelity’s FBTC led the ETF outflow with $99.11 million pulled out, followed by BlackRock’s IBIT, which saw over $77 million in withdrawals. 

This outflow streak follows a successful July for these funds, which recorded only five outflows in the month. Bitcoin is currently facing a cooling off in price after hitting an all-time high of $123,100 on July 14.

Institutions Accumulate as Retail Sentiment Wavers

Despite the selling pressure from  Bitcoin ETFs, data suggests that large-scale investors are buying the dip. On Aug. 5 alone, corporate firms added roughly 630 BTC (worth over $70 million) into their treasuries.

Earlier today, UK-listed digital asset manager, Vaultz Capital, disclosed the purchase of an additional 47.85 BTC, raising its total stash to 117.85 BTC.

Analysts Still Optimistic

At the time of writing, the largest cryptocurrency is trading around $114,000, slightly recovering from weekend lows of $112,044. While some analysts are lowering short-term targets, others remain confident in Bitcoin’s long-term trajectory.

Fundstrat co-founder Tom Lee recently reiterated his prediction that Bitcoin could hit $250,000 in 2025. Speaking on the Coin Stories podcast, Lee explained that institutional interest remains a key driver of future price appreciation. 

He even suggested that the four-year halving cycle may no longer apply due to mounting corporate adoption. This aligns with Bitwise CIO Matt Hougan’s recent prediction that 2026 could be the true breakout year for Bitcoin, shifting away from the historical four-year cyclic pattern.

Meanwhile, public voices like Robert Kiyosaki have also suggested long-term price optimism for Bitcoin. The Rich Dad Poor Dad author recently claimed Bitcoin made becoming a millionaire “so easy.”

He praised Bitcoin’s structure as “pure genius” and revealed that his small investment years ago had turned into several million dollars.

However, analysts remain divided on the short-term BTC price outlook as traders find which crypto will explode next. BitMEX co-founder Arthur Hayes sees a potential dip to $100,000 due to macro headwinds before a rebound.

The post Bitcoin ETFs Bleed for 4th Straight Day, But Big Players Still Buying appeared first on Coinspeaker.

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