Five Things to Know in Crypto This Week: Oversupply, ETF Outflows, Ripple Settlement News

US BTC-Spot ETF Market Ends Four-Week Inflow Streak

US BTC-spot ETF market flow trends for the week ending August 2 reflected the shift in BTC demand.

According to Farside Investors:

• Grayscale Bitcoin Trust (GBTC) saw net outflows of $245.1 million in the week ending August 2 (previous week: -$48.9 million).
• Fidelity Wise Origin Bitcoin Fund (FBTC) had net outflows of $192.9 million (PW: +$29.6).
• ARK 21Shares Bitcoin ETF (ARKB) Bitwise…
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