Bitcoin Spot ETFs Record $283M Outflows for Third Straight Day
U.S. spot Bitcoin ETFs recorded $283 million in net outflows on Sept. 10, marking three consecutive days of withdrawals, while Ethereum ETFs also posted net outflows.
- Bitcoin spot ETFs recorded $283 million in net outflows on Sept. 10.
- The withdrawals marked three consecutive days of net outflows for Bitcoin ETFs.
- Ethereum spot ETFs saw $29.76 million in net outflows, while BlackRock’s ETHB led inflows with $13.95 million.
U.S. spot Bitcoin ETFs recorded $283 million in net outflows on September 10 (ET), extending their losing streak to three consecutive trading days.
The continued withdrawals suggest institutional investors remained cautious toward Bitcoin investment products during the session. Sustained outflows are closely watched by market participants, as they can provide insight into changing institutional sentiment and capital allocation.
The latest figures mark another day of net selling pressure for Bitcoin ETFs.
Ethereum ETFs Also Post Net Outflows
U.S. spot Ethereum ETFs also ended the day in negative territory, recording $29.76 million in net outflows.
Despite the overall decline, BlackRock’s ETHB attracted $13.95 million in net inflows, making it the strongest-performing Ethereum ETF of the session. The positive performance of ETHB partially offset broader withdrawals across the Ethereum ETF category.
The mixed results highlight varying investor preferences within the ETF market.
Institutional Sentiment Remains in Focus
The latest September 10 ETF flows indicate that institutional investors continue to adjust their exposure to digital asset investment products.
With Bitcoin ETFs now posting three straight days of outflows and Ethereum funds also seeing net withdrawals, market participants will continue monitoring ETF activity for signs of shifting sentiment and future demand across the crypto market.
