Outflows from US Spot Bitcoin ETFs Reach $211M
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6 September

US spot Bitcoin exchange-traded funds experienced a net outflow of $211.15 million yesterday, marking their seventh consecutive day of negative flows, according to SoSoValue data.

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The largest outflows were in Fidelity's FBTC, which saw $149.49 million outflows, followed by Bitwise's BITB with $30 million.

Grayscale's GBTC and mini trust also saw outflows, with $23.22 million and $8.45 million, respectively.

None of the funds received net inflows on the day.

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Total daily trading volume for the 12 spot Bitcoin ETFs fell to $1.35 billion on Thursday, down from $1.41 billion the previous day.

US spot Ethereum ETFs, meanwhile, posted total net outflows of approximately $152,720.

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