Bitcoin at $77K: ETF Outflows Test the August Rally
Bitcoin held near $77,500 after a strong monthly rebound, but $201.9 million of U.S. spot-ETF outflows on Aug. 28 sharpen the test for the rally.
Daily analysis of crypto markets, trends, and trading opportunities.
Bitcoin held near $77,500 after a strong monthly rebound, but $201.9 million of U.S. spot-ETF outflows on Aug. 28 sharpen the test for the rally.
Bitcoin is near $78,100 and funding is neutral—not an obvious yield bonanza. The opportunity depends on basis, volatility and execution; so do the hidden risks.
U.S. spot Bitcoin ETFs lost $201.9M on 28 August, but the prior nine sessions drew $3.04B. Concentration and follow-through matter more than one red day.
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