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<ul>
 <li>US Spot Bitcoin ETFs recorded outflows on August 14 ending two-day inflow streak.&nbsp;</li>
 <li>Bitcoin showed a price decline of 4.57% in the last 24 hours as per CMC data.</li>
</ul>
The US Spot ETFs over the last few months have begun to witness declining activity. While the spot Ethereum ETFs are attempting to stage a revival, the spot Bitcoin ETFs have failed to do so. Meanwhile, the two cryptocurrencies have struggled to surpass their current price levels.&nbsp;
According to Sosovalue <a href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">data</a>, the digital assets recorded $81.36 million in daily net outflows as of August 14. Among the eleven spot ETFs, Grayscale’s GBTC recorded the highest amount of outflows of $56.87 million. Meanwhile, BlackRock’s IBIT exhibited a modest inflow of $2.68 million. Apart from Grayscale, Fidelity, Ark Invest &amp; 21Shares, and Bitwise also showed outflows.&nbsp;&nbsp;
Notably, in the past two days, the spot Bitcoin ETFs exhibited positive flows amounting to a total of $66.81 million. This occurred after the digital assets recorded two consecutive weeks of outflows. This streak was preceded by nearly four weeks of consecutive positive flows.&nbsp;
The spot Bitcoin ETFs which were launched on January 11, saw impressive inflows in the first few months. This was combined with Bitcoin’s March price hike, leading to a positive sentiment in the market. However, the past few months as aforementioned have shown negative flows within the sector.&nbsp;
Meanwhile, the Bitcoin price has yet again witnessed declines in the last 24 hours and slid back to $58K levels. In the past few weeks, the token’s high liquidations were partly contributed by the Spot Bitcoin ETFs.&nbsp;
<h3 class="wp-block-heading" id="h-bitcoin-price-activity-amid-mixed-spot-etfs-signals">Bitcoin Price Activity Amid Mixed Spot ETFs’ Signals</h3>
In the last 24 hours, Bitcoin price witnessed a 4.57% decline and slid momentarily to the <a href="https://thenewscrypto.com/bitcoin-drops-to-57k-amid-mt-gox-and-us-transfers-fuel-uncertainty/" target="_blank" rel="noopener noreferrer nofollow">$57K</a> level. Meanwhile, the cryptocurrency’s daily trading volume showed an increase of 16.39%. At the time of writing, BTC was trading at $58,391 according to CMC <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">data</a>.&nbsp;
Zooming out, over the past month, Bitcoin has shown a price performance of 6.84% decline. This decline occurred following July’s market crash and recovery trading cycles. However, analysts expect the token to witness price breakouts in the coming months, despite current bearish trends.&nbsp;
On the other hand, the US <a href="https://thenewscrypto.com/spot-eth-etfs-record-first-positive-weekly-inflows-amid-price-struggles/" target="_blank" rel="noopener noreferrer nofollow">spot ETH ETFs</a> witnessed modest inflows on Wednesday maintaining their positive flows streak this week.&nbsp;
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US Spot Bitcoin ETFs End Two-day Inflow Streak Amid BTC Price Dip

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