Bitcoin spot ETFs recorded a net outflow of $13.29 million on September 11, marking the fourth consecutive day of outflows.

iconKuCoinFlash
Share
AI summary iconSummary
Bitcoin spot ETFs experienced $13.29 million in net outflows on September 11, marking the fourth consecutive day of withdrawals, according to on-chain data from SoSoValue. Morgan Stanley’s MSBT led with a $3.76 million inflow, bringing its total to $529 million. VanEck’s HODL added $2.18 million, now totaling $1.02 billion. BlackRock’s IBIT saw the largest outflow at $19.23 million, though its total remains at $64 billion. The ETFs now hold $97.58 billion in net assets, representing 6.28% of Bitcoin’s market cap.

ME News reports that, on September 12 (UTC+8), according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $13.2893 million on September 11 (Eastern Time).

The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $3.7608 million; MSBT's total historical net inflow now stands at $529 million.

Second is the VanEck ETF HODL, with a net inflow of $2.1832 million today, bringing HODL's total historical net inflow to $1.016 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's IBIT, with a net outflow of $19.23 million; IBIT's total historical net inflow now stands at $64.004 billion.

As of press time, the total net asset value of spot Bitcoin ETFs is $97.577 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin’s total market cap) of 6.28%, and cumulative net inflows reaching $55.155 billion historically.(Source: SoSoValue)



Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.