Bitcoin and Ether Spot ETFs Reverse Course with Combined $208 Million Outflow

U.S. spot Bitcoin ETFs have seen their nine-day streak of net inflows come to an end, as investors pulled out $148.7 million on September 30. This marks a reversal from the previous trend, which saw sustained demand for these investment products.

The shift in investor sentiment is significant, as it indicates that some investors may be reassessing their positions or adjusting their portfolios. The funds moved from a period of positive flows to a single-day outflow, showing that market conditions can change quickly.

Similarly, spot Ether ETFs also posted a net outflow on September 30, totaling $59.6 million. This simultaneous withdrawal across both major U.S. crypto ETF categories put them in negative territory for the day.