10x Research: BTCSpotETF has net outflow of $320 million since August, second only to the outflow in April

Odaily Planet Daily News According to 10x Research's latest analysis, Crypto Assets still have profit potential, but traditional buy-and-hold strategies no longer work. As of August, BTC ETF flow record has reached the eighth month. August will be the second worst month so far, with a fund outflow of $320 million, second only to April's $345 million. Although strong inflows of $2.1 billion and $3.2 billion occurred in May and July respectively, it has been proved that these inflows are unsustainable. Due to BTC waiting for a more significant macroeconomic catalyst, the flow of ETF has failed to ignite bullish sentiment. Other segments of the encryption market are facing potential outflows of billions of dollars.