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I noticed a significant withdrawal from spot BTC funds in the United States yesterday, totaling approximately $291 million, the highest since late March. Most of this withdrawal came from FBTC, about $229 million, with additional withdrawals from other funds.
This type of capital flow impacts market dynamics and may reflect changes in institutional investor behavior. As BTC continues trading around strong levels, many are watching these flows as an indicator of market sentiment and Bitcoin's dominance in the broader market.
These data come from market tracking sources and are used solely as a reference to understand institutional funding trends.