Bitcoin ETFs End Four-Week Streak on Quarter-End Rebalancing: What’s Next?

U.S. spot Bitcoin ETFs experienced their first weekly outflow in over a month, with a total of $902.5 million withdrawn last week, marking the end of a four-week inflow streak. The outflow included $418.25 million on Friday alone. Fidelity’s FBTC and BlackRock’s IBIT saw significant losses of $300.4 million and $37.3 million, respectively. Analysts attribute these withdrawals to profit-taking and portfolio rebalancing as the quarter-end approaches, yet long-term institutional adoption remains strong. Despite the recent losses, the overall sentiment reflects resilience, with Bitcoin managing positive returns for September, increasing approximately 3.2% despite earlier dips. As third-quarter options expiration coincides with a pivotal U.S. inflation reading, the market anticipates heightened volatility and potential trend-setting movements in the coming months. Experts predict that any decisive signals from macroeconomic factors could trigger renewed interest and positioning among investors.

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