Bitcoin ETF sees over $147 million in outflows over two days as institutional demand weakens

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Bitcoin ETF news shows a net outflow of over $147 million over two days, signaling weaker institutional adoption. Institutional demand appears to be cooling, according to BitJie. Meanwhile, the Singapore Exchange received CFTC approval to offer crypto perpetual futures to U.S. institutions. Ethereum (ETH) rose above $2,500.

CoinDesk, September 10: 1. Bitcoin ETFs saw over $147 million in outflows over two days, indicating weakening institutional demand; 2. The Singapore Exchange has received CFTC authorization to offer crypto perpetual futures to U.S. institutional investors; 3. Brian Armstrong: U.S. crypto regulation will advance regardless of whether the Clear Act passes—still to be verified; 4. UK National Economic Crime Centre report: Cryptocurrency assets ranked as the third priority in economic crime; 5. UK NECC: Criminals are using crypto assets to evade detection; $12 million has been frozen; 6. ETH broke above the $2,500 mark; 7. Jiang Zhuo’er: Anticipates net outflows from U.S. spot BTC ETFs; 8. Jiang Zhuo’er: Predicts net outflows from spot Bitcoin ETFs tomorrow; 9. ETF fund flow update: BTC net inflow of nearly $7 million; ETH net outflow of approximately $48 million; 10. Cathie Wood: Bitcoin has surpassed gold; the BTC-gold ratio stands at 18.

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