US Spot-Bitcoin ETFs Reverse Course with $236 Million in Outflows
US spot-Bitcoin exchange-traded funds (ETFs) posted net outflows of $236.47 million on September 1, following a day of inflows.
This is a reversal from August 31, when the same products recorded net inflows of $216.7 million.
The largest outflow came from BlackRock's IBIT, which shed $201.18 million.
Fidelity's FBTC also posted significant outflows, with $43.67 million leaving the product.