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Amplify Bitcoin Max Income Covered Call ETF Sees Significant Outflows Amid Market Volatility

Amplify Bitcoin Max Income Covered Call ETF Sees Significant Outflows Amid Market Volatility

Amplify Bitcoin Max Income Covered Call ETF Sees Significant Outflows Amid Market Volatility

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The Amplify Bitcoin Max Income Covered Call ETF (BAGY) experienced a notable outflow of $1,395,621, representing a significant 12.17% of its current assets under management (AUM) of $11,464,920. This substantial movement in funds reflects investor sentiment amid fluctuating market conditions.

Over the past five days, BAGY has seen a net flow of -5.38%, while the one-year net flow stands at -12.93%, indicating a consistent trend of outflows over the longer term.

In related assets, Bitcoin (BTC-USD) is currently priced at $92,936.02, with a five-day price change of -4.82%. The one-day technical signal for Bitcoin is a Strong Sell, suggesting bearish sentiment in the short term.

Investors can explore more detailed analysis and sentiment trends on BAGY and BTC-USD pages.

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