Spot Bitcoin ETFs Suffer $35M Net Outflow as Fidelity Leads Withdrawals

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a $35.29 million net outflow on September 1, marking a reversal from the previous day's modest inflows.

The shift reflects continued volatility in digital asset investment products as investors weigh macroeconomic signals and crypto-specific headwinds.

Fidelity's Wise Origin Bitcoin Fund (FBTC) led the outflows with a $43.67 million single-day withdrawal, while Bitwise's Bitcoin ETF (BITB) saw an inflow of $8.38 million, indicating divergent investor sentiment across major fund providers.