Bitcoin spot ETFs recorded a $296 million net outflow on September 16, with BlackRock’s IBIT leading the way with a $144 million exit.

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Bitcoin news reports that as of September 16, Bitcoin spot ETFs recorded a total net outflow of $296 million. BlackRock’s IBIT led with a net outflow of $144 million, while Morgan Stanley’s MSBT saw the largest net inflow of $3.47 million. The total net asset value of Bitcoin spot ETFs stands at $95.185 billion, representing a net asset ratio of 6.22% of Bitcoin’s total market cap. Cumulative net inflows into Bitcoin spot ETFs have reached $54.569 billion. Bitcoin analysis suggests ongoing shifts in investor sentiment.

ChainCatcher report, according to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $296 million yesterday. The Bitcoin spot ETF with the highest single-day net inflow was Morgan Stanley’s MSBT, with a net inflow of $34.724 million; MSBT’s cumulative net inflow to date stands at $5.42 billion. The Bitcoin spot ETF with the highest single-day net outflow was BlackRock’s IBIT, with a net outflow of $144 million; IBIT’s cumulative net inflow to date stands at $63.833 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $95.185 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) at 6.22%, and cumulative net inflows since inception reaching $54.569 billion.

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