U.S. spot Bitcoin exchange-traded funds recorded a combined net outflow of $46.65 million on Sept. 8, Eastern Time, according to SoSoValue, marking the first daily net outflow after three straight sessions of net inflows. Among individual products, Bitwise’s BITB led daily inflows with $14.47 million, bringing its cumulative historical net inflow to $2.131 billion. BlackRock’s IBIT followed with $10.66 million in daily net inflows, while its cumulative historical net inflow reached $64.067 billion. On the outflow side, Grayscale’s GBTC posted the largest single-day withdrawal at $65.51 million, with its historical cumulative net outflow expanding to $27.719 billion. As of publication, the total net asset value of U.S. spot Bitcoin ETFs stood at $99.516 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization represented by ETF assets, was 6.31%. Historical cumulative net inflows across the category reached $55.571 billion.
U.S. spot Bitcoin exchange-traded funds saw total net outflows of $46.65 million on Sept. 8, Eastern Time, according to SoSoValue. The move marked the first daily net outflow after three consecutive trading days of net inflows.
Daily fund flows
Bitwise’s BITB posted the largest net inflow among spot Bitcoin ETFs for the day, taking in $14.47 million. Its cumulative historical net inflow has reached $2.131 billion.
BlackRock’s IBIT ranked second, with $10.66 million in daily net inflows. Its cumulative historical net inflow now stands at $64.067 billion.
Grayscale’s GBTC recorded the largest net outflow of the day at $65.51 million. Its cumulative historical net outflow has widened to $27.719 billion.
Category totals
As of publication, total net assets across spot Bitcoin ETFs were $99.516 billion. The ETF net asset ratio, which measures ETF assets as a share of Bitcoin’s total market capitalization, was 6.31%. Historical cumulative net inflows for the segment reached $55.571 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.