Bitcoin and Ethereum exchange-traded funds (ETFs) saw notable outflows on September 1. Bitcoin ETFs recorded a net outflow of 631 BTC, equivalent to $68.83 million. VanEck was the primary contributor, with an outflow of 627 BTC, valued at $68.38 million, leaving it with a total holding of 16,780 BTC, worth approximately $1.83 billion.
Similarly, Ethereum ETFs experienced a net outflow of 4,319 ETH, amounting to $19 million. Bitwise led the outflows with 5,467 ETH, valued at $24.06 million, and now holds 130,701 ETH, valued at $575.08 million. These movements reflect ongoing volatility and investor sentiment in the cryptocurrency ETF market.
Bitcoin and Ethereum ETFs Experience Significant Outflows
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