U.S. spot Bitcoin exchange-traded funds swung back to net outflows after one day, with more than $450 million leaving the products.
Trader T data released on Sept. 16 showed U.S. spot Bitcoin ETFs recorded total net outflows of $450.4 million the previous day. The funds had returned to net inflows on Sept. 14 for the first time in five trading sessions, but reverted to outflows a day later.
BlackRock's IBIT posted net outflows of $161.7 million, while Fidelity's FBTC saw $214.8 million leave the fund. Bitwise's BITB and Ark Invest's ARKB recorded net outflows of $12.4 million and $17.4 million, respectively.
Grayscale's GBTC also posted $44.1 million in outflows. The remaining products recorded no net flows.
