PiCK
US Spot Bitcoin ETFs See $148.69 Million in Net Outflows, First Outflow in 10 Trading Days
Suehyeon Lee
Summary
- More than $100 million in net outflows was recorded from U.S. spot Bitcoin ETFs in a single day.
- U.S. spot Bitcoin ETFs posted total net outflows of $148.69 million, marking the first net outflow in 10 trading days.
- Fidelity FBTC, BlackRock IBIT, and Bitwise BITB each recorded net outflows.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds posted more than $100 million in net outflows in a single day.
Data from Trader T on October 1 showed total net outflows from U.S. spot Bitcoin ETFs reached $148.69 million the previous day, marking the first net outflow in 10 trading days.
Cumulative net inflows for September totaled $2.65 billion, while year-to-date net inflows stood at $930.4 million.
Among individual products, Fidelity's FBTC recorded the largest net outflow at $125.58 million. BlackRock's IBIT saw $9.48 million in net outflows, while Bitwise's BITB posted net outflows of $13.63 million. The remaining products recorded no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.