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Crypto

US Spot Bitcoin ETFs Suffer Second Straight Day of Net Outflows

Guavy AI Editorial Team
Instruments
BTC
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US spot Bitcoin ETFs have been hit by another day of net outflows, with a total of $295.9 million exiting the funds on September 17. This marks the second consecutive trading day that these funds have seen redemptions. BlackRock's IBIT was particularly hard hit, posting net outflows of $144.1 million.

Other funds, including ARKB, FBTC, and GBTC, also saw significant exits. In total, over $200 million flowed out of US spot Bitcoin ETFs on September 17. This follows a similar trend the previous day, when $450.4 million exited the funds, bringing the cumulative net outflows to $746.3 million over two days.

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