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Bitcoin ETF Outflow Total: $450M or $288.7M?

Cointelegraph and UNLOCK Blockchain give different totals for the September 15 Bitcoin ETF outflow and disagree on whether BlackRock's IBIT contributed a reported figure.

Original AltcoinGordon illustration for: Bitcoin ETF Outflow Total: $450M or $288.7M?
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Cointelegraph and UNLOCK Blockchain give different totals for the September 15 Bitcoin ETF outflow and disagree on whether BlackRock's IBIT contributed a reported figure.

What all sources agree on

  • Fidelity's FBTC saw outflows of $214.8 million
  • Grayscale's GBTC saw outflows of $44.1 million
  • ARK 21Shares' ARKB saw outflows of $17.4 million
  • Bitwise's BITB saw outflows of $12.4 million
  • The prior day saw $159.9 million in inflows
  • The U.S. Senate failed to advance the CLARITY Act, falling short of the 60 votes required
  • Data is attributed to Farside
  • The outflows were compared to a roughly $469 million outflow on June 24

Where the reports disagree

1Total net outflow figure for the day

The 13 US-listed funds saw a net $450.4 million outflow on Tuesday, after attracting $159.9 million on Monday, according to data from Farside.

Cointelegraph

U.S. spot Bitcoin exchange-traded funds recorded $288.7 million in net outflows on September 15, reversing the $159.9 million in inflows recorded a day earlier.

UNLOCK Blockchain

What would settle it: Farside Investors' published daily ETF flow data for September 15

2Whether BlackRock's IBIT contributed to the outflow, and by how much

Data shows Fidelity’s FBTC saw the biggest outflows, shedding $214.8 million, followed by $161.7 million from the BlackRock iShares Bitcoin Trust

Cointelegraph

On September 14, BlackRock’s IBIT recorded $134.3 million in inflows, while FBTC brought in $53.3 million before reversing course the following day. Farside did not report a finalized IBIT figure for September 15.

UNLOCK Blockchain

What would settle it: Farside Investors' published daily ETF flow data for September 15, specifically the IBIT line item

What to make of it

Treat the FBTC, GBTC, ARKB, and BITB figures and the Senate CLARITY Act vote as established; the overall outflow total and IBIT's role in it remain unresolved between these two reports until Farside's underlying data for that day is checked directly.

Treat the FBTC, GBTC, ARKB, and BITB figures and the Senate CLARITY Act vote as established; the overall outflow total and IBIT's role in it remain unresolved between these two reports until Farside's underlying data for that day is checked directly.

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