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2h ago

Bitcoin ETFs Post $258 Million Daily Outflow as Ether Funds Extend Four-Day Slide

BlackRock’s IBIT attracted $79.7 million in new money, contrasting with broad redemptions across rival crypto funds.

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Bitcoin and ether etfs bleed heavily with $509 million combined outflow

Overview

  • U.S. spot Bitcoin ETFs saw $258.4 million in net outflows on September 25, a day after a $241 million rebound, according to SoSoValue data reported by Yahoo Finance.
  • Issuer flows diverged as Fidelity’s FBTC (-$114.8M), Bitwise’s BITB (-$80.5M), Ark/21Shares’ ARKB (-$63.05M), Grayscale’s GBTC (-$42.9M), VanEck’s HODL (-$10.1M) and Valkyrie’s BRRR (-$4.9M) recorded redemptions, while BlackRock’s IBIT drew $79.7M in inflows.
  • Ethereum spot ETFs registered $251.2 million in net outflows on September 25, marking a fourth straight day of withdrawals and taking the recent four-day total above $500 million.
  • Fidelity’s FETH led Ethereum redemptions with $158.1 million, followed by Grayscale’s ETHE (-$30.3M) and Bitwise’s ETHW (-$27.6M), as BlackRock’s ETHA was flat on the day.
  • Bitcoin ETFs held $144.3 billion in assets on September 25, equal to 6.64% of Bitcoin’s market cap with $5.42 billion in daily trading volume, while Ethereum ETFs reported $25.6 billion in assets or 5.46% of ETH’s market cap.