Crypto
US Spot-Bitcoin ETFs Experience Two-Day Net Outflow Streak
U.S. spot-Bitcoin ETFs have been experiencing net outflows for two consecutive trading days, according to recent data.
On September 9, these funds saw a total of $120.24 million in net outflows, marking the second straight day of withdrawals.
The largest contributor to this decline was Ark Invest's ARKB, which posted a staggering $77.98 million in net outflows. BlackRock's IBIT also followed suit with a net outflow of $19.53 million.
However, not all funds are experiencing the same trend. Morgan Stanley's MSBT recorded a modest $4.49 million in net inflows, providing some respite to investors.