Crypto
Bitcoin ETF Outflows Surge to $450M Amid Market Uncertainty
U.S. spot Bitcoin ETFs experienced their largest daily outflow since June 24, losing $450.4 million on September 15.
The sell-off was led by Fidelity's FBTC, which saw $214.8 million in withdrawals, followed closely by BlackRock's iShares Bitcoin Trust with $161.7 million in redemptions.
Bitcoin itself traded near $75,700, down 2.5% over 24 hours at the time of the report.
The size of the outflow is significant because spot ETFs provide regulated Bitcoin exposure through conventional brokerage accounts, making large daily inflows and outflows a closely watched measure of investor allocation.