Bitcoin ETFs end $3B nine-day inflow streak with $202M outflow; Ether ETFs gain $102M.
U.S. spot Bitcoin ETFs ended a nine-day buying streak with a $202 million net outflow on August 28, breaking a $3.04 billion inflow run. Meanwhile, Ether ETFs continued their positive trend, adding $102 million and extending their buying streak to ten days. Bitcoin's price slipped slightly from $80,261 to around $77,500, suggesting the outflow may be profit-taking rather than panic. Investors will watch upcoming data to see if the Bitcoin ETF outflow is a one-day event or a longer trend, while Ether ETFs maintain strong inflows.
U.S. spot Bitcoin ETFs ended a nine-day buying streak with a $202 million net outflow on August 28, breaking a $3.04 billion inflow run. Meanwhile, Ether ETFs continued their positive trend, adding $102 million and extending their buying streak to ten days. Bitcoin's price slipped slightly from $80,261 to around $77,500, suggesting the outflow may be profit-taking rather than panic. Investors will watch upcoming data to see if the Bitcoin ETF outflow is a one-day event or a longer trend, while Ether ETFs maintain strong inflows.
What's Your Reaction?
