Bitcoin ETFs See Largest Outflows Since September

On Tuesday, U.S. spot Bitcoin ETFs saw a notable outflow of $242.53 million, marking the largest single-day withdrawal since early September. This movement halted an eight-day streak of positive inflows.

Fidelity’s FBTC led the way with $144.67 million in withdrawals, followed by Ark and 21Shares’ ARKB with $84.35 million, the biggest outflow since late August, according to Farside data.

Other significant outflows included Bitwise’s BITB at $32.7 million and VanEck’s Bitcoin ETF with $15.75 million. Even Grayscale’s GBTC, the second-largest spot Bitcoin ETF, saw a $5.9 million outflow.

BlackRock’s IBIT, however, bucked the trend with a $40.84 million inflow, making it the only ETF among the top 12 to record positive activity.

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Total trading volume for these ETFs rose to $2.53 billion, up from $1.37 billion the day before.

Ethereum ETFs also faced outflows, with $48.52 million leaving spot Ethereum ETFs. Grayscale’s Ethereum Trust experienced the largest outflow of $26.64 million, while Fidelity’s FETH saw its biggest withdrawal ever at $24.97 million.

Bitwise’s ETHW recorded smaller outflows, while VanEck’s ETHV and 21Shares’ CETH posted modest inflows of $2.74 million and $1.25 million, respectively. Four other spot Ethereum ETFs remained unchanged.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.