According to Bloomberg data, 12 spot bitcoin exchange-traded funds (ETFs) in the United States saw a total net outflow of $1.20 billion in 8 days. Despite the outflows, cryptocurrency ETFs outperformed the more than 400 new ETFs in 2024, with the four largest ETFs all spot bitcoin ETFs. In the first week of September, the bitcoin price went all the way down, from a high of $64,668 on August 26 to a low of $53,491 on September 7. This means that in just two weeks, the bitcoin price has fallen by 17.28%. However, analysts say that historically, bitcoin has not performed well in September.