U.S. spot Bitcoin and Ethereum ETFs saw net redemptions on Sept. 11

AI Market Summary
U.S. spot Bitcoin and Ethereum ETFs saw net redemptions on Sep 11, with reported outflows of 3,391 BTC and 17,723 ETH, and continued 7-day net outflows. Persistent ETF selling pressure can tighten near-term liquidity and dampen risk appetite, as these vehicles are a key transmission channel for institutional flows into crypto. The data may raise sensitivity to further fund flow headlines and positioning.
Impact level
● Medium
Affected assets
BTC/USDT+0.92%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Odaily Planet Daily reported that Lookonchain data showed U.S. spot Bitcoin ETFs posted net outflows of 3,391 BTC on Sept. 11, taking the past seven days' net outflow to 2,921 BTC. U.S. spot Ethereum ETFs also recorded net outflows of 17,723 ETH on the day, with seven-day net outflows totaling 21,062 ETH.