Summary
- US spot Bitcoin (BTC) ETFs extended their net outflow streak to a second straight trading day.
- US spot-Bitcoin ETFs posted daily net outflows of $295.9 million in the previous session.
- Outflows from BlackRock's IBIT, Ark Invest and 21Shares' ARKB, and Fidelity's FBTC pushed cumulative net outflows over the two days to $746.3 million.
Forecast Trend Report by Period
More than $200 million flowed out of US spot-Bitcoin exchange-traded funds, extending net outflows to a second straight trading day.
Farside Investors data released on September 17 showed US spot-Bitcoin ETFs posted total daily net outflows of $295.9 million in the previous session. That marked a second consecutive trading day of net outflows.
BlackRock's IBIT posted the largest net outflow at $144.1 million. Ark Invest and 21Shares' ARKB saw $84.4 million in net outflows, while Fidelity's FBTC recorded $52.7 million in net outflows.
Grayscale's GBTC also logged $18.2 million in net outflows. By contrast, MSBT posted $3.5 million in net inflows. BITB, BTCO, EZBC, BRRR, HODL, BTCW and Grayscale Bitcoin Mini Trust ETF (BTC) recorded no net flows.
In the prior trading session on September 15, the funds posted net outflows of $450.4 million. That brought cumulative net outflows over the two days to $746.3 million.
