Bitcoin ETFs Snap 9-Day Streak With $202M Exit as Ether Gains $102M

U.S. spot Bitcoin exchange‑traded funds (ETFs) recorded a net outflow of $202 million on August 28, ending a nine‑day inflow streak that had added roughly $3.04 billion to the sector.

Bitcoin ETF Outflow Ends Nine‑Day Run

Data from Sosovalue show that the outflow on August 28 broke a sequence that began on August 17, when daily inflows pushed combined Bitcoin ETF assets past $100 billion for the first time. The outflow came as Bitcoin opened the day near $80,262 and later traded around $77,500.

Ethereum ETFs Continue to Attract Capital

In contrast, spot Ethereum ETFs recorded a net inflow of $102 million on the same day, extending their own buying streak to ten consecutive sessions. Earlier in August, the Ethereum ETF category had attracted $2.6 billion in a single week, driven largely by BlackRock’s ETHA product.

Market Context

Bitcoin’s price has risen about 1 % over the past week, suggesting the outflow may reflect profit‑taking rather than a broader sell‑off. Approximately $6.4 billion in Deribit options are set to expire on the following Friday, adding another factor for traders to watch.

Looking Ahead

Investors will monitor the next trading session to determine whether the outflow was an isolated event or the start of a longer trend. Ethereum ETFs remain on a ten‑day inflow streak, indicating continued demand for spot Ether exposure.