US spot Bitcoin ETFs recorded $282.6 million in net outflows during Thursday trading on September 10. The daily withdrawal marked the deepest capital flight in two months, specifically since July 13, 2026, when withdrawals topped $424.7 million.
Thursday’s exodus capped a streak of consecutive withdrawals spanning the entire week. Total outflows across three trading days this week reached $449 million, erasing part of the $3.8 billion in net inflows recorded during the strongest three-week trading stretch for Bitcoin ETFs in 2026. Despite the recent wave of redemptions, cumulative net inflows for Bitcoin ETFs still stand at $55.17 billion since launch.
Selling pressure spread across other crypto ETF products as well. Spot Ether ETFs logged $29.8 million in outflows on the same trading day, wiping out nearly all of the $34.8 million that flowed in on Wednesday. Spot Solana ETFs faced a similar fate, posting daily outflows of $483,000, reversing course after pulling in $11.7 million the day before.
Triggered by US Inflation Report
The institutional selloff stemmed from the release of US producer inflation data. The Producer Price Index (PPI) climbed 0.4% month-over-month and reached 5.4% year-over-year (YoY). The accelerating inflation data immediately heightened market expectations regarding how the central bank will respond to price pressures.
According to market futures data as of September 11, the probability of a Federal Reserve rate hike climbed to 67%. That majority figure reflects investment managers’ expectations that liquidity in risk assets will tighten further if the Fed continues to pursue restrictive monetary policy.
Awaiting the Federal Reserve Meeting
The next direction for capital flows will largely hinge on the Federal Reserve’s policy meeting scheduled for September 15-16. For the crypto market, this meeting will be a key indicator of whether institutional capital returns or seeks shelter elsewhere. Reported by Cointelegraph.
Read also: What Is Bitcoin Halving?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
