IBIT Leads $305 Million of Outflows Across Four Crypto ETFs

Money left all four iShares and Bitwise funds on Tuesday, September 15, about $305 million in all. IBIT redeemed 2,128.69 BTC, or $161.20 million, its biggest outflow since September 1. ETHA lost 40,729.84 ETH, or $97.49 million, its largest one-day outflow since at least August 20. IBIT and BITB lost $173.56 million between them, ETHA and ETHW $131.88 million.

A fund's flow is the day's change in the coins it holds, in dollars. Rising holdings mean the issuer created shares and bought coin to back them; falling holdings mean it redeemed shares.

ETHW gives back Friday and more

ETHW lost 14,300.49 ETH, its first outflow since at least August 21. That wipes out the 11,440.50 ETH it took in on Friday, September 11, and leaves 109,193.35 ETH, the fund's lowest since late August. ETHA now holds 32.73 times ETHW's ether, up from 29.27 times on Monday.

BITB's second redemption in a week

BITB redeemed 162.78 BTC, almost exactly the 162.79 BTC that left on Thursday, September 10. It holds 38,029.22 BTC, worth about $2.90 billion, and that's still 276.64 BTC more than on August 21. IBIT holds 20.63 times as much bitcoin.

ARK 21Shares' ARKB starts its history on the ETF flows page on September 15, holding 32,095 BTC, and has no flow for the day.

Daily figures for each fund are on the crypto ETF flows page and in the ETF flows API.