Bitcoin ETFs lose $463 million as Fed policy looms over $75,000 support

US spot Bitcoin exchange‑traded funds (ETFs) saw net outflows of $462.7 million over the past week, ending a three‑week period of strong inflows that had added roughly $3.8 billion to the products.

Weekly outflow breakdown

• Tuesday (first trading day after Labor Day): –$46.7 million
• Wednesday: –$120.2 million
• Thursday: –$282.6 million
• Friday: –$13.3 million

The withdrawals occurred across all four trading sessions of the holiday‑shortened week, marking the first weekly loss since mid‑August.

Context of recent inflows

During the preceding three weeks, investors poured about $3.8 billion into spot Bitcoin ETFs as Bitcoin briefly traded above $80,000, providing a steady source of buying pressure during its August breakout.

Fed meeting and macro backdrop

The Federal Open Market Committee meets on September 15‑16. Recent data showed U.S. consumer prices up 0.4 % in August and 3.4 % year‑over‑year, prompting expectations of higher interest rates. The 10‑year Treasury yield hovered near 5 % before easing to about 4.93 %.

Higher yields raise the opportunity cost of holding Bitcoin, which yields no interest, and could weaken the “debasement” narrative that has supported demand for scarce assets.

Implications for Bitcoin price

Bitcoin’s price slipped from around $77,000 to $76,000, briefly recovered to $79,800, and then retreated, leaving the $75,000 level as a key threshold. Sustained ETF redemptions could remove a source of buying pressure that helped the cryptocurrency maintain its recent range.

Outlook

The recent outflows represent only a fraction of the prior three‑week inflows and may reflect risk‑off positioning ahead of the Fed decision. The first ETF data released after the Fed announcement will provide a clearer signal of whether the withdrawals were temporary positioning or the start of a longer‑term shift.