Over the past several days, Bitcoin spot exchange-traded funds (ETFs) have experienced continuous outflow, with Bitcoin’s price hitting a weekly low of $55.6k.

過去幾天，比特幣現貨交易所交易基金（ETF）持續流出，比特幣價格觸及 5.56 萬美元的周低點。

Crypto analyst “Wu Blockchain” shared data via Twitter, stating that a total net outflow of $288 million was recorded on September 3. This, however, marked the fifth consecutive day of net outflows for Bitcoin Spot ETFs.

加密貨幣分析師「Wu Blockchain」透過推特分享數據稱，9月3日錄得淨流出總額為2.88億美元。

He also mentioned that Grayscale ETF GBTC witnessed a net outflow of $50.395 million in just one day, and Fidelity’s FBTC experienced a net outflow of $162 million.

他也提到，灰階ETF GBTC單日淨流出5,039.5萬美元，富達旗下FBTC淨流出1.62億美元。

As it stands, the total net asset value of Bitcoin spot ETFs is estimated at $52.689 billion, reflecting the pressure the market faced during this period of steady withdrawals.

目前，比特幣現貨ETF的總資產淨值估計為526.89億美元，反映了市場在穩定撤資期間面臨的壓力。

Impact on Bitcoin ETFs in Recent Days
The continuous net outflows from Bitcoin ETFs over the last several days mark a change in the overall trend. Bitcoin ETFs had previously seen periods of inflows, reflecting growing confidence in Bitcoin as an asset.

近期對比特幣ETF的影響 比特幣ETF連日來持續淨流出，標誌著整體趨勢改變。比特幣 ETF 先前曾出現過一段時間的資金流入，反映出人們對比特幣作為資產的信心不斷增強。

However, the consistent outflows suggest a period of caution amongst investors, possibly driven by external factors like the US stock market which had a market meltdown on August 5.

然而，持續的資金外流顯示投資者在一段時間內保持謹慎，這可能是受到美國股市8月5日崩盤等外部因素的推動。

The reduction in ETF holdings may also affect the overall liquidity and performance of Bitcoin ETFs in the near term. Lower demand for Bitcoin ETFs often leads to price corrections, reflecting the shifting market sentiment.

ETF持有量的減少也可能影響短期內比特幣ETF的整體流動性和表現。對比特幣 ETF 的需求下降通常會導致價格調整，反映出市場情緒的變化。

Market Impact on Bitcoin and Crypto Prices
Due to recent withdrawals from these ETFs, Bitcoin’s price has been volatile and has hit a weekly low of $55.6k. However, a fall in assets typically leads to less liquidity, which makes price fluctuations more pronounced.

對比特幣和加密貨幣價格的市場影響由於最近從這些 ETF 撤資，比特幣的價格一直在波動，並觸及 55,600 美元的周低點。然而，資產下降通常會導致流動性減少，使價格波動更加明顯。

With Bitcoin ETFs’ increased withdrawals, the selling pressure could extend to the broader market, contributing to the recent price drops in BTC and other cryptocurrencies.

隨著比特幣 ETF 提款的增加，拋售壓力可能會擴展到更廣泛的市場，導致近期比特幣和其他加密貨幣的價格下跌。

However, other assets in the crypto market are also feeling the effects. Major altcoins often follow the swings of Bitcoin, and during times of increased withdrawals from BTC-related products, prices tend to rise in lockstep.

然而，加密貨幣市場中的其他資產也受到了影響。主要山寨幣通常會跟隨比特幣的波動，在比特幣相關產品提款增加的時期，價格往往會同步上漲。

Finally, investors should keep an eye on further market movements in Bitcoin ETFs so they can predict the short-term trajectory of the market.

最後，投資者應密切關注比特幣 ETF 的進一步市場趨勢，以便預測市場的短期趨勢。