Bitcoin Spot ETFs Post $283M Net Outflow on Sept. 10
AI Market Summary
Spot Bitcoin ETFs saw a $283M net outflow on Sept 10, signaling near-term softening in institutional demand and potentially adding marginal sell-side pressure via ETF creations/redemptions. ARKB drove most of the outflow (-$164M), partially offset by a small inflow into MSBT (+$4.0M). Despite cumulative inflows remaining large ($55.17B) and AUM near $97.5B, the day's flow profile is risk-off for BTC.
Impact level
● Medium
Affected assets
BTC/USDT-1.30%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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ME News reports that SoSoValue data show bitcoin spot ETFs logged total net outflows of $283 million on Sept. 10 (U.S. Eastern Time), as of Sept. 11 (UTC+8).
Morgan Stanley's MSBT led the day's inflows, taking in $3.9792 million. MSBT's cumulative historical net inflows have reached $525 million.
ARKB, issued by Ark Invest and 21Shares, posted the largest single-day redemption, with net outflows of $164 million. ARKB's cumulative historical net inflows stand at $1.223 billion.
At press time, spot bitcoin ETFs held $97.49 billion in total net asset value. Their net asset ratio—market cap as a share of bitcoin's total market capitalization—was 6.28%, while cumulative net inflows totaled $55.168 billion. (Source: SoSoValue)