Summary
- US spot Bitcoin ETFs recorded daily net outflows of $295.9 million, extending the run of outflows to a second straight trading day.
- BlackRock’s IBIT posted $144.1 million in net outflows, while ARKB saw $84.4 million, FBTC $52.7 million and GBTC $18.2 million leave the funds.
- After $450.4 million exited on Sept. 15, cumulative net outflows over the two days rose to $746.3 million.
Forecast Trend Report by Period
More than $200 million flowed out of US spot Bitcoin exchange-traded funds, extending a stretch of net redemptions.
Farside Investors data released on Sept. 17 showed US spot Bitcoin ETFs recorded total daily net outflows of $295.9 million the previous day. It was the second consecutive trading day of net outflows.
BlackRock’s IBIT posted the largest net outflow at $144.1 million. Ark Invest and 21Shares’ ARKB recorded net outflows of $84.4 million, while Fidelity’s FBTC saw $52.7 million leave the fund.
Grayscale’s GBTC also posted net outflows of $18.2 million. MSBT, by contrast, recorded net inflows of $3.5 million. BITB, BTCO, EZBC, BRRR, HODL, BTCW and Grayscale Bitcoin Mini Trust ETF (BTC) saw no net flows.
In the previous trading session on Sept. 15, the funds posted net outflows of $450.4 million. Combined net outflows over the two days reached $746.3 million.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.