According to the latest market data, several well-known Bit investment products experienced significant capital outflows on July 21. Among them, ARKB had the largest outflow of funds for the day, reaching $77.5 million. Following closely was GBTC, with a net outflow of $36.7 million. FBTC also did not escape, recording a net outflow of $12.8 million. In addition, HODL and BITB saw net outflows of $2.5 million and $1.9 million, respectively. This phenomenon has sparked discussions in the market about the attractiveness of Bit investment products and reflects the volatility of the current encryption market. Analysts point out that this large-scale capital outflow may be related to recent changes in market sentiment, as investors are reassessing their portfolios. However, there are also views that this may just be a short-term market behavior and does not necessarily represent a long-term trend. Regardless, this data provides us with valuable insights and is worth closely monitoring for further developments.