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. Spot Bitcoin ETFs Record $202 Million Outflows, Ending Nine-Day Inflow Streak
On August 28, U.S. spot Bitcoin ETFs recorded approximately $202 million in net outflows, ending a nine-day streak of consecutive inflows. This reversal comes as institutional demand shows signs of divergence between BTC and ETH ETFs. The outflows coincide with the hawkish repricing following Fed Chair Warsh's Jackson Hole remarks, which have cooled rate-cut expectations and weighed on risk assets. Market participants are now watching whether ETF flows can stabilize as U.S. markets reopen, which will help determine the depth of the current high-level correction.
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