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Bitcoin dips to $62,874 as SEC cancels tokenization meeting and ETF outflows hit $131 million

8/16/2026

$131 million exited spot Bitcoin exchange-traded funds on Aug. 13, turning weekly flows negative after earlier inflows. The Securities and Exchange Commission then canceled its scheduled Aug.

14 meeting on crypto regulation and postponed its plans for tokenized stock trading. Shares in Coinbase Global and Robinhood Markets, both active in real-world asset tokenization, fell on the same day.

Bitcoin ($BTC) fell 0.86% to $62,874.95 by early evening on Aug. 14, extending a seven-day decline of 2.9%. The broader sell-off pulled the total crypto market cap down 0.62% to $2.24 trillion.

Ethereum ($ETH) dropped 0.35% to $1,877.90 and Solana ($SOL) fell 1.47% to $75.06. All price figures are reported; CoinGecko data as of 20:16 UTC follows.