Spot Bitcoin ETFs End Nine-Day Inflow Streak as Spot Ether Funds Gain $102M
US spot Bitcoin ETFs recorded $202 million in net outflows, ending a nine-day streak, while spot Ether ETFs gained $102 million.
US spot Bitcoin exchange-traded funds broke a nine-day, $3 billion accumulation streak on August 28, posting net outflows of $202 million. Conversely, US spot Ether ETFs continued their upward trajectory, attracting $102 million in fresh net inflows during the same session.
The divergence suggests a brief rotation in institutional capital flows following sustained accumulation in Bitcoin funds. The reversal for Bitcoin ETFs coincided with short-term price consolidation across major spot trading venues.
Despite the single-day outflow, cumulative institutional demand for spot crypto ETFs remains resilient. Continued inflows into Ether products highlight expanding portfolio diversification among institutional crypto investment vehicles.
Key takeaways
- Spot Bitcoin ETFs logged $202 million in net daily outflows.
- Spot Ether ETFs extended gains with $102 million in fresh inflows.
- The shift broke a nine-day, $3 billion Bitcoin accumulation run.