U.S. spot Bitcoin and Ether ETFs post about $520 million in net outflows on Sept. 16

  • U.S. spot Bitcoin and Ether ETFs posted about $520 million in Sept. 16 net outflows.
  • BlackRock's IBIT recorded $144.1 million in Bitcoin ETF outflows.
  • Franklin Templeton's XRP product drew $3.50 million, while Solana ETFs gained about $837,000.

U.S. spot Bitcoin and Ether ETFs recorded combined net outflows of about $520 million on Sept. 16, with Bitcoin funds losing $295.98 million and Ether funds shedding $224.11 million. BlackRock's IBIT was a major contributor to Bitcoin redemptions, while the withdrawals followed $450.33 million of Bitcoin ETF outflows on Sept. 15. The Federal Reserve raised its target range by 25 basis points to 3.75%-4.00% during the period, while a Senate procedural vote also blocked the Digital Asset Market Clarity Act from advancing to debate. In contrast, XRP ETFs attracted $3.50 million, led by a Franklin Templeton product, and Solana ETFs drew about $837,000. Despite the daily withdrawals, cumulative Bitcoin ETF net inflows remained near $54.6 billion and total assets stood around $95.19 billion, underscoring the scale of regulated spot crypto exposure.

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