Bitcoin ETFs Record $282.6M Outflow as Weekly Losses Reach $449M

U.S. spot Bitcoin ETFs recorded $282.6 million in net outflows on Thursday, their largest single-day withdrawal since July 13, pushing total net outflows for the week to $449 million, according to CoinMarketCap.

The latest withdrawal marked the third consecutive trading day of net outflows from the funds. Data tracking U.S. spot Bitcoin ETFs shows Thursday’s $282.6 million outflow was the largest since the $424.7 million withdrawal recorded on July 13.

Bitcoin ETF Selling Accelerates

The outflows were led by the ARK 21Shares Bitcoin ETF, which recorded approximately $164 million in withdrawals on Thursday. Grayscale’s Bitcoin Trust ETF followed with $36 million, while Fidelity’s FBTC registered $33.6 million in outflows.

Despite the recent selling, U.S. spot Bitcoin ETFs still held approximately $97.5 billion in total net assets, while cumulative net inflows since trading began remained above $55 billion. The figures show that the latest withdrawals represent a reversal of part of the substantial capital accumulated by the products over their trading history rather than a complete reversal of institutional ETF participation.

The three-day selling streak follows a much stronger period for the products. U.S. spot Bitcoin ETFs had recorded significant inflows earlier in September, including a $730.9 million net inflow on Sept. 3, according to historical flow data.

Broader Market Pressure Adds to Investor Caution

The ETF outflows arrived as broader financial markets faced renewed concerns over inflation and interest rates. U.S. stocks declined on Thursday after wholesale inflation data came in higher than expected, while rising oil prices added to concerns about persistent inflation and borrowing costs.

Reuters also reported that global equity funds experienced substantial withdrawals during the week through Sept. 9, with investors pulling $15.52 billion as higher oil prices intensified inflation concerns. U.S. equity funds accounted for $32.27 billion in net sales during the period.

For Bitcoin, ETF flows remain an important indicator of demand from traditional investment channels. The immediate focus now shifts to whether the outflow streak extends into the next trading sessions or whether renewed buying returns after the latest bout of market pressure.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.