U.S. spot Bitcoin ETF saw a single-day net outflow of 148700000 USD, ending a nine-day streak of net inflows
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AT A GLANCE
U.S. spot Bitcoin ETF on September 30 recorded a net outflow of 148700000 USD, ending a consecutive 9 trading-day streak of net inflows.
Article
U.S. spot Bitcoin ETF net outflow 148700000 USD, ending a consecutive 9-day streak of net inflows
PANews October 1 reported, citing The Block's statistics, that U.S. spot Bitcoin ETF on September 30 recorded a total net outflow of 148700000 USD, ending a consecutive 9 trading-day streak and approximately 3100000000 USD in cumulative net inflows. Among them, Fidelity FBTC recorded a net outflow of 125600000 USD,Bitwise BITB recorded a net outflow of 13600000 USD, while BlackRock IBIT recorded a net outflow of 9500000 USD, and the remaining funds saw zero net fund flows. On the same day, U.S. spot Ether ETF recorded a net outflow of 59600000 USD。
PANews, citing The Block's statistics, reported that U.S. spot Bitcoin ETF on September 30 recorded a total net outflow of 148700000 USD。
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the previous consecutive 9 trading days recorded approximately in cumulative net inflows 3100000000 USD。
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Fidelity FBTC recorded a net outflow of 125600000 USD,Bitwise BITB recorded a net outflow of 13600000 USD, while BlackRock IBIT recorded a net outflow of 9500000 USD。
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The remaining funds saw zero net fund flows.
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On the same day, U.S. spot Ether ETF recorded a net outflow of 59600000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
ETF Net outflow means that, during the statistical period, funds flowing out exceeded funds flowing in. The source states that spot Bitcoin ETF had previously maintained net inflows for 9 consecutive trading days, but on September 30 it shifted to a net outflow; spot Ether ETF also saw a net outflow on the same day.
Why it matters to readers
These data reflect changes in fund inflows and outflows for U.S. spot Bitcoin and Ether ETF on the trading day in question and can be used to observe whether outflows continue or net inflows resume.
Beginners can understand ETF fund flows as the net change in funds entering or leaving the relevant funds, but a single-day net outflow alone cannot prove that the price of the asset will subsequently rise or fall.
Risks and unknowns
The data were reported by PANews citing The Block's statistics; the source did not provide a link to the raw fund-flow data.
The evidence does not state whether these net outflows will continue.
The evidence does not state the actual impact of changes in fund flows on the price of Bitcoin or Ether.
The article only states September 30, without clearly specifying the year.
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Spot ETF
Directly holds the underlying assets, with its fund units corresponding to the actual assets held in custody ETF。