ETFs Flip: Bitcoin Sees Biggest Daily Outflows Since July
Bitcoin ETFs saw their largest daily withdrawal since July on Tuesday, erasing the previous day's inflows and pulling in $236.46 million out of the market as Bitcoin briefly dipped below $77,000.
This reversal comes after a strong August for Bitcoin ETFs, which attracted inflows on 16 of 21 trading days and cut year-to-date net outflows by roughly two-thirds. The funds posted a powerful $3.52 billion in net inflows last month, coinciding with Bitcoin's 25% rally, its best monthly gain since late 2024.
In contrast, XRP ETFs continued their winning streak, adding about $170 million over the past eleven consecutive trading sessions and reaching cumulative inflows of roughly $1.68 billion since launch.