The article highlights the growing fear of further Bitcoin (BTC) capitulation in September, driven by low demand from institutional investors.
Led by U.S. spot BTC ETFs, there was a significant net cash outflow of over $200 million in the past two days.
This outflow ended an eight-day streak of cash inflows to the US spot BTC ETFs, with ARK 21Shares Bitcoin ETF being one of the key players affected.