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Crypto

Bitcoin Rallies, Bitwise ETF Trust Sees Slight Pullback

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BTC
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Despite recent gains in the Bitcoin market, Bitwise's Bitcoin ETF Trust (BITB) is experiencing a setback. On September 11, 2026, BITB saw outflows of $12.56 million, representing about 0.43% of its assets under management.

The fund currently has around $2.95 billion in AUM, but the single-day redemption may signal a slight pullback from recent enthusiasm.

Bitcoin's short-term technical backdrop remains constructive, with a 1-day signal flashing 'Buy', indicating a tug-of-war between profit-taking in derivatives and continued optimism in the underlying token.

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