PiCK
US Spot-Bitcoin ETFs Post $120.24 Million of Net Outflows for Second Straight Session
Suehyeon Lee
Summary
- U.S. spot-Bitcoin ETFs continued to post net outflows.
- On September 9, U.S. spot-Bitcoin ETFs recorded total net outflows of $120.24 million for a second straight trading day.
- ARKB and IBIT posted large net outflows, while MSBT saw $4.49 million in net inflows.
Forecast Trend Report by Period
Net outflows continued from U.S. spot-Bitcoin exchange-traded funds.
According to Trader T, U.S. spot-Bitcoin ETFs recorded combined net outflows of $120.24 million on September 9. That marked a second straight trading day of net withdrawals.
Among individual products, Ark Invest's ARKB posted the largest net outflow at $77.98 million. BlackRock's IBIT also saw $19.53 million leave the fund.
By contrast, Morgan Stanley's MSBT recorded net inflows of $4.49 million. The remaining products saw no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.