Summary
- U.S. spot Bitcoin ETFs posted net outflows of $46.65 million after four trading days, according to SoSoValue data.
- Grayscale's GBTC, Fidelity's FBTC, and Invesco's BTCO led the overall net outflow as money left those products.
- By contrast, net inflows went into Bitwise's BITB, BlackRock's IBIT, Ark Invest's ARK, and Morgan Stanley's MSBT.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds posted net outflows after four trading days.
SoSoValue data showed total net outflows of $46.65 million from U.S. spot Bitcoin ETFs on Sept. 8. The move reversed a streak of net inflows over the previous four trading sessions.
By product, Grayscale's GBTC led the overall outflows with $65.51 million leaving the fund. Fidelity's FBTC posted net outflows of $17.05 million, while Invesco's BTCO saw $4.68 million exit.
Some products still attracted inflows. Bitwise's BITB recorded the largest net inflow at $14.47 million, while BlackRock's IBIT took in $10.66 million. Ark Invest's ARK drew $8.06 million, and Morgan Stanley's MSBT added $7.41 million. The remaining products recorded no net flows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.