{"id":13315,"date":"2026-09-16T09:59:27","date_gmt":"2026-09-16T09:59:27","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13315"},"modified":"2026-09-16T09:59:27","modified_gmt":"2026-09-16T09:59:27","slug":"bitcoin-faces-450m-etf-outflow-before-fed-decision","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13315","title":{"rendered":"Bitcoin faces $450M ETF outflow before Fed decision"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>US spot Bitcoin ETFs recorded a $450 million net outflow on Sept. 15. It more than erased the previous session\u2019s $159 million inflow, while the six completed sessions since Sept. 8 added up to a net $753 million withdrawal.<\/p>\n<p>The reversal removed the brief demand signal that appeared as the Federal Reserve began its two-day policy meeting. Bitcoin traded near $75,900 at press time, putting the market close to the lower end of the range in Glassnode\u2019s latest weekly snapshot.<\/p>\n<p>ETF net flows measure creations and redemptions across the funds. Investor identities and direct Bitcoin sale execution fall outside the dataset. The useful conclusion is narrower: the ETF reversal arrived alongside broader sell-side pressure.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin ETF inflows are back, but BlackRock is carrying the market into the Fed meeting<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p> <img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-562929 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-6b3d537d-b8dc-47f2-a63c-a08e7b142784.png\" alt=\"Market-pressure dashboard showing the Sept. 15 US spot Bitcoin ETF outflow alongside below-range spot and perpetual selling, above-range futures open interest, and funding within its normal range.\" width=\"1122\" height=\"1402\"\/><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter wp-image-562929 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-6b3d537d-b8dc-47f2-a63c-a08e7b142784.png\" alt=\"Market-pressure dashboard showing the Sept. 15 US spot Bitcoin ETF outflow alongside below-range spot and perpetual selling, above-range futures open interest, and funding within its normal range.\" width=\"1122\" height=\"1402\"\/><\/p>\n<h2>Spot and perpetual sellers move together<\/h2>\n<p>Glassnode\u2019s Week 38 report showed spot cumulative volume delta, a measure of aggressive buying minus aggressive selling, at negative $142 million. That was below its negative $115 million lower statistical band and indicated that sellers were dominating activity on the centralized exchanges in Glassnode\u2019s dataset.<\/p>\n<p>Derivatives sellers were active too. Perpetual cumulative volume delta dropped to negative $605 million, far below its negative $233 million lower band, signaling aggressive selling in perpetual futures.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" data-newsletter-pending-label=\"Joining\u2026\" data-newsletter-pending-status=\"Joining The Catalyst\u2026\" data-newsletter-email-required-message=\"Before sending, please provide your email address.\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\"> <i class=\"fa-regular fa-envelope\" aria-hidden=\"true\"\/> The Catalyst <\/span><\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">What\u2019s moving crypto. Why it matters.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Get CryptoSlate\u2019s essential stories and what to watch next.<\/p>\n<p>  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" viewbox=\"0 0 16 16\" aria-hidden=\"true\" focusable=\"false\"> <path d=\"M15 3.604H1v1.891h14v-1.89ZM1 7.208V16l7-3.926L15 16V7.208zM15 0H1v1.89h14z\"\/> <\/svg> <span>Published on Substack<\/span> <\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p id=\"cs-inline-newsletter-1-privacy\" class=\"cs-inline-newsletter__privacy\">Seven days a week. Unsubscribe anytime.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<div class=\"cs-inline-newsletter__success\" role=\"status\" aria-live=\"polite\" aria-atomic=\"true\" tabindex=\"-1\"> <span class=\"cs-inline-newsletter__success-icon\" aria-hidden=\"true\"\/><\/p>\n<div>\n<h3 class=\"cs-inline-newsletter__success-title\">Check your inbox.<\/h3>\n<p class=\"cs-inline-newsletter__success-copy\">Your signup request was sent. If confirmation is required, follow the email from Substack.<\/p>\n<p class=\"cs-inline-newsletter__success-hint\">Look in spam or promotions if you don\u2019t see it.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin bulls are loading up on calls while spot traders keep selling<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>Leverage remained elevated despite the pressure. Futures open interest, the value of outstanding contracts, eased from $37 billion to $36 billion but remained above its $36 billion upper band. Long-side funding payments, which reflect the recurring transfer between perpetual longs and shorts, rose to $1.4 million while staying within their normal statistical range.<\/p>\n<p>The combination leaves more positioning available to amplify another shock, while normal funding argues against an already extreme long-side imbalance. The Glassnode snapshot also predates Farside\u2019s Sept. 15 ETF row. The adjacent windows support a broad-pressure reading while leaving any causal link between ETF redemptions and exchange selling unresolved.<\/p>\n<p>The Federal Reserve\u2019s policy decision remained pending at the same reporting cutoff. Bitcoin\u2019s first post-decision test was therefore still ahead.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Why Bitcoin initially held its gain as rate traders put September hike odds at 85%<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>A constructive response would pair price stabilization with improving spot flow while open interest remains orderly. A more convincing bearish second move would combine renewed spot selling with a sharper fall in open interest and a funding reset, evidence that the pressure had spread into forced deleveraging.<\/p>\n<p>Before the decision, the market is best described as vulnerable rather than broken: spot distribution has deepened, derivatives sellers are active, and positioning remains large enough to magnify the next move.<\/p>\n<\/div>\n<p>Derivatives,ETF,Featured,Bitcoin,BTC,glassnode,paymentsBitcoin,BTC,ETF,glassnode,payments#Bitcoin #faces #450M #ETF #outflow #Fed #decision1789552767<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US spot Bitcoin ETFs recorded a $450 million net outflow on Sept. 15. It more than erased the previous session\u2019s $159 million inflow, while the six completed sessions since Sept. 8 added up to a net $753 million withdrawal. The reversal removed the brief demand signal that appeared as the Federal Reserve began its two-day<\/p>\n","protected":false},"author":1,"featured_media":13316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[6965,91,285,1890,231,147,683,2858,1040,167],"class_list":["post-13315","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-450m","tag-bitcoin","tag-btc","tag-decision","tag-etf","tag-faces","tag-fed","tag-glassnode","tag-outflow","tag-payments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin faces $450M ETF outflow before Fed decision - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin entered the Fed decision after a $450.4 million ETF outflow as spot and perpetual selling deepened while leverage stayed elevated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=13315\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin faces $450M ETF outflow before Fed decision\" \/>\n<meta property=\"og:description\" content=\"Bitcoin entered the Fed decision after a $450.4 million ETF outflow as spot and perpetual selling deepened while leverage stayed elevated.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=13315\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-16T09:59:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-bear-market-pressure.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=13315\",\"name\":\"Bitcoin faces $450M ETF outflow before Fed decision - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-bear-market-pressure.webp\",\"datePublished\":\"2026-09-16T09:59:27+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Bitcoin entered the Fed decision after a $450.4 million ETF outflow as spot and perpetual selling deepened while leverage stayed elevated.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=13315\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-bear-market-pressure.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-bear-market-pressure.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13315#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin faces $450M ETF outflow before Fed decision\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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