#BitcoinSpotETFEnds9DayInflowStreak Bitcoin Spot ETFs End 9-Day Inflow Streak
U.S. spot Bitcoin ETFs have ended a nine-consecutive-trading-day inflow streak, recording approximately $201.8 million in net outflows on August 28, according to SoSoValue data. The reversal came after more than $3 billion of inflows accumulated during the nine-day run. �
Cryip.co +1
The ARK 21Shares Bitcoin ETF (ARKB) posted the largest outflow at about $114.9 million, followed by Bitwise's BITB with roughly $49.7 million. BlackRock's IBIT also recorded around $33.4 million in withdrawals. Morgan Stanley's MSBT was the notable exception, attracting approximately $9.3 million. �
Altcoin Buzz
The outflows coincided with Bitcoin falling back below $78,000 after recently trading above $80,000. Despite the one-day reversal, August remains a strong month for Bitcoin ETFs, with monthly net inflows still around $3.3 billion and total ETF assets near $97.6 billion. �
timesnewsnetworks.com
The latest data suggests that institutional demand remains substantial, but ETF flows can quickly reverse when Bitcoin encounters resistance and broader market sentiment weakens.$NVDA.US $GOOGL.US
U.S. spot Bitcoin ETFs have ended a nine-consecutive-trading-day inflow streak, recording approximately $201.8 million in net outflows on August 28, according to SoSoValue data. The reversal came after more than $3 billion of inflows accumulated during the nine-day run. �
Cryip.co +1
The ARK 21Shares Bitcoin ETF (ARKB) posted the largest outflow at about $114.9 million, followed by Bitwise's BITB with roughly $49.7 million. BlackRock's IBIT also recorded around $33.4 million in withdrawals. Morgan Stanley's MSBT was the notable exception, attracting approximately $9.3 million. �
Altcoin Buzz
The outflows coincided with Bitcoin falling back below $78,000 after recently trading above $80,000. Despite the one-day reversal, August remains a strong month for Bitcoin ETFs, with monthly net inflows still around $3.3 billion and total ETF assets near $97.6 billion. �
timesnewsnetworks.com
The latest data suggests that institutional demand remains substantial, but ETF flows can quickly reverse when Bitcoin encounters resistance and broader market sentiment weakens.$NVDA.US $GOOGL.US