Bitcoin ETF Experiences $13 Million Outflow Amid Record Price
The VanEck Bitcoin Trust Shs of Benef Interest's HODL fund has seen a sharp outflow of $13.4 million on September 1, 2026. This move trims its assets under management to about $1.17 billion.
This single-day outflow represents roughly 1.14% of the fund's total size and comes despite Bitcoin trading near record territory at $79,634.99. The price of BTC has climbed about 30.48% over the past three months.
The divergence between spot Bitcoin prices and redemptions in HODL suggests some investors may be locking in profits or rotating to other crypto vehicles. This could also reflect caution around regulatory headlines and macro uncertainty, even as momentum indicators continue to favor the bulls.