Bitcoin ETFs See $236M Outflow on September 1 Despite Overall Positive Trend
On September 1, investors withdrew $236.5 million from US spot Bitcoin ETFs. BlackRock's iShares Bitcoin Trust led the outflows with a staggering $201.2 million withdrawal.
Fidelity's Wise Origin Bitcoin Fund saw its assets decline by $43.7 million on that day.
Despite this one-day reversal, the overall trend remains positive for spot Bitcoin ETFs.
In fact, these funds have accumulated nearly $54.68 billion in net inflows since their launch.