Bitcoin ETF

Bitcoin

Spot

<ul>
  
 <li><strong>Spot Bitcoin ETFs experienced a $43.97 million outflow on September 11, disrupting a two-day streak of positive inflows.</strong></li>   
 <li><strong>Despite the outflows, cumulative net inflows for Spot Bitcoin ETFs remain strong at $17.00 billion.</strong></li>   
 <li><strong>The total net assets across these ETFs now account for 4.58% of Bitcoin's market cap.</strong></li> 
</ul>   
<p>In an update by SoSoValue, Spot Bitcoin ETFs have experienced outflows totalling $43.97 million as of September 11. This outflow has impacted several major ETFs, as market data reveals shifts across multiple platforms and exchanges.</p>   
<h2 class="wp-block-heading" id="h-daily-net-inflows-and-cumulative-performance">Daily Net Inflows and Cumulative Performance</h2>   
<p>As of the latest update, the cumulative net inflow for Spot Bitcoin ETFs stands at $17.00 billion, reflecting overall investor confidence in the cryptocurrency market. Despite this broad positive move, the recent daily outflow of $43.97 million highlights the volatility and unpredictability inherent in this sector.&nbsp;</p>   
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 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe_ULFpZb49jdW0CD970VvvdXS5byGKl6SJtyyVdUNEgZ15j3l9tIrox9dv2vEKhR_kjTO28Rd8euMny02R-yHBnrJWP9nbNPXTKfTTWa9xQgE7jB-6t_MA7nNOhbcN5uigXhW5derCVJYH2VkrVbefuFrQ?key=Iv9uk-A-C_0JaI4myQZFUA" alt="">
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<p class="has-text-align-center"><strong><em>Source:</em></strong><em> </em><a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener"><em>SoSoValue</em></a></p>   
<h2 class="wp-block-heading" id="h-key-etfs-affected-by-the-outflow">Key ETFs Affected by the Outflow</h2>   
<p>The market data indicates that the outflow has directly impacted several t ETFs. The iShares Bitcoin Trust (IBIT), listed on NASDAQ, reported a neutral daily net inflow of $0.00, maintaining its cumulative net inflow at $20.91 billion. However, Grayscale’s Bitcoin Trust&nbsp; recorded a daily net outflow of $4.59 million, contributing to its cumulative net outflow of $20.04 billion.</p>   
<p>Other ETFs, such as the Fidelity Bitcoin ETF (FBTC), saw a positive daily net inflow of $12.57 million, boosting its cumulative net inflow to $9.53 billion. The Ark &amp; 21Shares Bitcoin ETF (ARKB) witnessed an outflow of $54.03 million, reducing its cumulative inflow to $2.23 billion.</p>   
<h2 class="wp-block-heading" id="h-impact-on-market-metrics">Impact on Market Metrics</h2>   
<p>The total net assets across these ETFs currently stand at $51.96 billion, representing 4.58% of Bitcoin's market capitalization as of September 11. Despite the outflows, this figure shows the continued importance of <a href="https://cryptonewsland.com/coming-intense-bitcoin-price-pump-116000/" target="_blank" rel="noreferrer noopener">Bitcoin</a> ETFs in the broader cryptocurrency space. Market prices and daily changes varied among the ETFs, with some, like GBTC and IBIT, showing slight declines of -0.63% and -0.61%, respectively.</p> 
<p>The post <a href="https://cryptonewsland.com/spot-bitcoin-etfs-experience-43-97m-outflows-as-market-sentiment-shifts/">Spot Bitcoin ETFs Experience $43.97M Outflows as Market Sentiment Shifts</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Spot Bitcoin ETFs Experience $43.97M Outflows as Market Sentiment Shifts

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