Bitcoin ETFs shed more than $520 million as Treasury yields rise

  • Spot bitcoin and ether ETFs lost more than $520 million during a Wednesday trading session.
  • U.S. spot bitcoin ETFs recorded approximately $450.4 million in outflows on Sept. 15, their largest single-day redemption since June.
  • IBIT remained the largest bitcoin ETF at approximately $59 billion to $60 billion in net assets, while Chainlink funds held steady and Solana ETFs gained $1.3 million.

Spot bitcoin and ether ETFs collectively lost more than $520 million during a Wednesday session as higher Treasury yields reduced the appeal of risk assets. U.S. spot bitcoin ETFs recorded approximately $450.4 million in net outflows on Sept. 15, the largest single-day redemption since June, while BlackRock's IBIT accounted for about $144 million of the Wednesday outflows. Chainlink ETFs remained unchanged, and Solana ETFs attracted $1.3 million. Through mid-September, cumulative flows remained modestly positive at about $17 million despite the volatility.

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