Bitcoin ETF Outflows Hit $51M

Bitcoin ETF outflows reached $51 million on September 17, and this marks the first major withdrawal after seven straight days of inflows as institutional investors rapidly repositioned their cryptocurrency holdings. The massive Bitcoin ETF outflows signal a shift in market sentiment right now, while Ethereum ETF products also experienced some selling pressure with $1.89 million in withdrawals during the second day in a row of outflows.

Bitcoin ETF Outflows, Ethereum ETF Pressure, Fed Policy Impact

Bitcoin ETF Outflows, Ethereum ETF Pressure, Fed Policy ImpactSource: MorningstarSource: Morningstar### Major Bitcoin ETF Outflows Dominate Trading

Major Bitcoin ETF Outflows Dominate TradingSo right now, Fidelity FBTC actually led the Bitcoin ETF outflows with $116.03 million in withdrawals, and this was followed by Grayscale GBTC‘s $62.64 million exit. The institutional investors’ retreat also included ARK & 21Shares ARKB with $32.29 million in outflows along with Bitwise BITB recording $12.58 million in withdrawals.

Bitcoin Spot ETF Net Inflow chart showing recent outflow pattern – Source: Bitbo.ioDespite all the widespread selling, BlackRock IBIT managed to pull in $149.73 million in inflows while Grayscale BTC also added $22.54 million. Total trading volume in Bitcoin ETF products actually reached $4.24 billion with total net assets of $152.45 billion, and this represents 6.62% of Bitcoin’s market cap right now.

Ethereum ETF Markets Face Similar Pressure

Ethereum ETF Markets Face Similar PressureThe crypto market turbulence extended to Ethereum ETF products too, with Fidelity’s FETH leading outflows at $29.19 million. Bitwise ETHW also recorded $9.67 million in withdrawals, though some funds showed resilience against the selling pressure that was happening.

Ethereum ETF dashboard with mixed data – Source: SosovalueEthereum ETF dashboard with mixed data – Source: SosovalueBlackRock ETHA actually posted $25.86 million in inflows, while Grayscale ETH added $6.38 million. Smaller gains came from Invesco QETH and 21Shares with $2.70 million and $2.02 million respectively. Total Ethereum ETF trading volume surged to $2.34 billion, along with net assets reaching $29.72 billion.

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Also Read: Ripple CEO Hints XRP Will Be Part of White House Crypto Stockpile, ETF### Fed Policy Creates Market Uncertainty

Fed Policy Creates Market UncertaintyThe Bitcoin ETF outflows and Ethereum ETF withdrawals occurred amid broader concerns about Fed policy changes affecting risk assets. Despite some initial fears that cryptocurrency markets would struggle after the Fed rate cut, both Bitcoin and Ethereum actually showed resilience with increased trading volumes.

Bitcoin trading reached $60.878 billion in daily volume, climbing more than $20 billion in a single day, while Ethereum’s trading volume jumped to $44.462 billion. This activity suggests that while institutional investors are taking profits through Bitcoin ETF outflows, retail and other market participants remain engaged right now.

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Also Read: SUI Crypto Eyes 200% Breakout on Google Deal + ETF HypeThe market dynamics reflect how quickly institutional sentiment can shift in the crypto market, with Bitcoin ETF outflows representing profit-taking behavior rather than fundamental bearishness on digital assets at the time of writing.