Bitcoin and Ethereum ETFs See $520 Million Net Outflow in One Day

U.S. spot Bitcoin and Ethereum ETFs saw a total net outflow of $520 million (approximately 71.2 billion won) on September 16, according to Wu Blockchain X account. The account reported that Bitcoin ETFs had a net outflow of $296 million (about 40.55 billion won), while Ethereum ETFs recorded a net outflow of $224 million (around 30.69 billion won). BlackRock's ETHA saw an outflow of $110 million (approximately 15.07 billion won), marking the largest single-day outflow among Ethereum ETFs. Meanwhile, Morgan Stanley's MSBT experienced a net inflow of $3.47 million (about 4.8 billion won), contrasting with the broader Bitcoin ETF trend.