Bitcoin ETFs Suffer $258M Outflow as ETH Bleeds for 4th Straight Day — Is a Major Crash Imminent?

Bitcoin exchange-traded funds (ETFs) recorded another wave of investor redemptions on September 25, with $258.4 million in net outflows, according to ￰0￱ withdrawals come just a day after the products staged a strong rebound, showing continued volatility in institutional ￰1￱ ETFs Fall to $144B Amid ETH Losing Over $500 Million in 4 days BlackRock’s iShares Bitcoin Trust (IBIT) was the only bright spot, attracting $79.7 million in fresh ￰2￱ remains the market leader, with $84.35 billion in net assets and cumulative inflows of $60.86 ￰3￱ ETFs Inflow Chart September 25) posted the sharpest single-day decline, losing $114.8 million. Grayscale’s GBTC recorded $42.9 million in outflows, while Ark Invest and 21Shares’ ARKB shed $63.05 million.

Bitwise’s BITB lost $80.5 million, and VanEck’s HODL fell by $10.1 million. Valkyrie’s BRRR also saw smaller redemptions of $4.9 ￰4￱ total, Bitcoin spot ETFs now hold $144.3 billion in assets, representing 6.64% of the cryptocurrency’s market ￰5￱ cumulative inflows stand at $57.2 billion, with total trading volume on September 25 reaching $5.42 ￰6￱ products, meanwhile, extended their losing streak for a fourth consecutive ￰7￱ spot ETFs reported $251.2 million in net outflows on September 25, bringing cumulative inflows to $13.37 billion and total assets under management to $25.6 billion, or 5.46% of ETH’s market ￰8￱ ETF Inflow Chart September 25) September 25, 2025 A day earlier, September 23 saw $140.7 million in redemptions, while September 22 marked $76 million in outflows, largely driven by Fidelity’s ￰9￱ ETFs have also faced sharp swings over the past ￰10￱ losing $363 million on September 22 and $244 million on September 23 , the products staged a rebound on September 24, posting $241 million in inflows led by BlackRock’s ￰11￱ renewed outflows on September 25 suggest continued investor caution, with trading patterns closely tied to macroeconomic conditions, including the Federal Reserve’s recent rate cut and upcoming ￰12￱ ￰13￱ present, Bitcoin spot ETFs remain the largest driver of institutional activity, but the latest redemptions across both BTC and ETH products highlight the fragility of sentiment in digital asset ￰14￱ and Ethereum Extend Losses Amid Heavy ETF Withdrawals The ETF outflow comes amidst the general drop in the crypto ￰15￱ markets extended losses this week, with exchange-traded fund (ETF) outflows adding pressure to already fragile ￰16￱ global market fell 1.45% in the past 24 hours, pushing its seven-day decline to 6%.

Bitcoin (BTC) dropped 1.7% to $109,329, erasing nearly 6% over the past ￰17￱ (ETH) slid 1.5% to $3,956, deepening its seven-day loss to 12.5% as leveraged liquidations and ETF delays amplified the ￰18￱ pullback has erased gains from earlier in the month, when Bitcoin briefly logged its second-best September rally in 13 years. Historically, September has been unkind to crypto, with negative returns in eight of the past 11 ￰19￱ attribute the pattern to institutional portfolio rebalancing and fiscal year-end ￰20￱ year’s cycle appears to be following suit, as profit-taking and macro uncertainty weigh on ￰21￱ technical charts, Bitcoin trades below both its 50- and 100-hour moving averages near $113,700, reinforcing bearish momentum.

A descending triangle points to support at $107,300, with further downside possible toward $105,200 and $102,800. Resistance remains at $111,100 and $113,700. Ethereum’s technical picture is similarly ￰22￱ relative strength index (RSI) has plunged from 82 earlier this month to 14.5, its most oversold level since June 2025.