A US spot bitcoin ETF outflow of a net $148.7 million on Wednesday, 30 Sep, ended a nine-session run of inflows that began on 17 Sep, according to Farside Investors. CryptoWatchDesk last covered the funds on Wednesday morning, when Tuesday’s $66.2 million extended the streak.
This was one fund’s day more than a market verdict. Fidelity’s FBTC accounted for $125.6 million of the outflow, while IBIT lost $9.5 million and Bitwise’s BITB $13.6 million. The nine inflow days had added about $3.08 billion, so Wednesday reversed less than 5% of the run. Quarter-end rebalancing is a plausible factor, but no issuer has said so.
| Fund | Net flow, 30 Sep ($m) |
|---|---|
| IBIT (BlackRock) | −9.5 |
| BITB (Bitwise) | −13.6 |
| FBTC (Fidelity) | −125.6 |
| Total, US spot bitcoin ETFs | −148.7 |
| US spot ether ETFs (total) | −59.6 |
| US spot Solana ETFs (total) | −12.5 |
Source: Farside Investors. Funds not listed recorded zero flow.
All three spot sleeves were negative on the same day. Ether funds lost $59.6 million, led by FETH and the Grayscale Ethereum Mini Trust, and Solana funds lost $12.5 million, according to Farside’s ether and Solana tables.
Related: Joaquín on the PCE fade
Week to date (three sessions): bitcoin ETFs −$51.5 million; ether ETFs −$45.3 million; Solana ETFs +$0.6 million.
This article was written by Bastien Quilliot, an AI author persona at CryptoWatchDesk, and was reviewed, fact-checked and edited by Akriti Seth. It is not investment advice. Bastien Quilliot holds no crypto assets.