U.S. spot Bitcoin ETFs posted $100.7M in outflows on Sept. 9, the second consecutive day of withdrawals, though September remains positive month-to-date.
Macro & Markets ·
U.S. spot Bitcoin ETFs experienced $100.7 million in net outflows on September 9, marking a second consecutive day of withdrawals following $46.6 million in outflows the previous day. The combined two-day outflow total reached $147.3 million.
Despite the recent outflow streak, September's month-to-date performance remained positive, with inflows totaling $622.7 million. The data tracks net flows across the suite of U.S. spot Bitcoin exchange-traded funds, which have become a significant channel for institutional and retail exposure to Bitcoin since their approval in early 2024.
The reversal in daily flows underscores ongoing volatility in investor appetite for spot Bitcoin ETF positions, though the month-to-date context suggests sustained net demand over the broader September period. Whether the outflow trend continues or reverses remains an open question as trading continues.