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Bitcoin ETFs Experience Largest Daily Outflow Since June

Guavy AI Editorial Team
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BTC
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U.S. spot Bitcoin ETFs posted significant net outflows on September 16, totaling $450.4 million and marking the largest daily withdrawal since June.

The funds had previously returned to net inflows on September 14 after a five-day period of outflows, but reversed course once again the following day.

BlackRock's IBIT led the charge with $161.7 million in outflows, followed closely by Fidelity's FBTC at $214.8 million.

Bitwise's BITB and Ark Invest's ARKB also recorded net outflows of $12.4 million and $17.4 million respectively, while Grayscale's GBTC saw $44.1 million leave the fund.

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