Bitcoin ETFs Suffer Largest Weekly Outflow in 10 Weeks

The Bitcoin ETFs saw significant outflows this week, with $462.7 million in withdrawals marking their largest weekly decline in 10 weeks.

Despite these losses, the total assets under management for ETFs still stood at $97.58 billion, with cumulative net inflows nearing $55.16 billion.

The recent outflows were primarily driven by Farside Investors, which experienced withdrawals of $46.6 million on September 8, $120.2 million on September 9, $282.7 million on September 10, and $13.2 million on September 11.

However, not all ETFs witnessed outflows, as some individual funds continued to attract capital, indicating a mixed response to the market trend.