U.S. spot Bitcoin ETFs recorded approximately $282.6 million in net outflows on September 10, extending their withdrawal streak to three consecutive trading sessions. The three-day run has removed roughly $449 million from the fund complex, reversing part of the strong inflows recorded earlier in September.
The latest figures are reflected in Farside Investors’ Bitcoin ETF flow tracker, which places total net assets across U.S. spot Bitcoin ETFs near $97.5 billion. The September 10 outflow followed withdrawals of $46.6 million on September 8 and $120.2 million on September 9, showing progressively stronger selling pressure across the three sessions.
ARKB Leads Bitcoin ETF Outflows
ARK Invest and 21Shares’ ARKB accounted for the largest share of September 10 redemptions, losing approximately $164.3 million. Grayscale’s GBTC followed with $36.4 million in outflows, while Fidelity’s FBTC lost $33.6 million and BlackRock’s IBIT shed roughly $24.5 million. The withdrawals were distributed across several major issuers rather than being driven by a single fund.
VanEck’s HODL recorded another $15.3 million in withdrawals, while Bitwise’s BITB lost approximately $12.6 million. Morgan Stanley’s MSBT was one of the few products to finish positively, attracting about $4 million. The breadth of redemptions points to a wider daily reduction in Bitcoin ETF exposure rather than isolated portfolio movement.
The three-day decline nevertheless follows two particularly strong sessions. Bitcoin ETFs attracted approximately $730.9 million on September 3 and another $174.6 million on September 4. Across the latest five trading sessions, net flows therefore remain positive at roughly $456 million despite the current losing streak.
That context makes the September 10 figure more indicative of short-term repositioning than a confirmed structural exit from Bitcoin ETFs. Daily fund flows can reflect portfolio rebalancing, arbitrage and tactical trading alongside longer-term investment decisions, meaning several additional sessions would be needed to establish a sustained reversal.
Ether ETFs Also Return to Outflows
U.S. spot Ether ETFs also recorded withdrawals on September 10, with SoSoValue data placing total net outflows at approximately $29.76 million. Fidelity’s FETH led the selling with roughly $25.15 million in redemptions, while BlackRock’s ETHA lost about $18.59 million.
Not every Ether product finished in negative territory. BlackRock’s staked ETH ETF, ETHB, attracted approximately $13.95 million, while Grayscale’s Ethereum Mini Trust added around $7.75 million. The split shows that investors were reallocating between Ether products even as the overall category recorded net withdrawals.
Bitcoin’s three-day ETF withdrawal streak coincided with renewed pressure on its spot price, adding another variable for institutional allocators monitoring market conditions. The stronger signal will be whether redemptions continue after nearly $450 million left Bitcoin ETFs in three sessions or whether the still-positive five-day flow total helps restore demand.