Exchange-traded funds (ETFs) of Bitcoin Spot trading in the United States has once again seen significant withdrawals, interrupting the sequence of inflows over the last two days. On September 11, ETFs recorded daily outflows of US$43,97 million.
platform data SoSoValue, revealed that 21Shares’ Ark Invest and ARKB saw the largest outflows recorded among products yesterday, reaching $54,03 million. Grayscale’s GBTC saw outflows of $4,59 million, while its Bitcoin Mini Trust saw total outflows of $511.230.
On the other hand, Fidelity’s FBTC led the way in inflows with $12,57 million, while Invesco’s BTCO saw $2,59 million in inflows. The other seven Bitcoin ETFs saw zero daily inflows.
According to the data, the 12 bitcoin ETFs had a daily trading volume of $1,27 billion on September 11. Overall, since the ETFs launched earlier this year, the funds have accumulated $17 billion in inflows.
It is worth remembering that this week, in a significant development, bitcoin ETFs listed in the US registered inflows of more than $28,7 million. The recent move marked the end of a record streak of outflows that reached $1,2 billion, according to market data shared by the SoSoValue platform.
Since August 27, ETFs had been registering strong daily outflows, with the movement being interrupted on September 8, marking the first day of net inflows in the month.
At the time of publication, Bitcoin’s price was trading at $57.672,72, up 1.2% over the past 24 hours. In its weekly development, the largest cryptocurrency on the market has seen a 1.8% recovery over the past seven days.
Bitcoin (BTC) trading volume currently stands at $36.301.373.278 over the past 24 hours, representing a 7,60% increase from a day ago and signaling a recent surge in market activity.