US spot Bitcoin exchange-traded funds recorded $201.8 million in net outflows on Aug 28, ending a nine-session inflow streak, according to SoSoValue. ARKB led the day with $114.9 million in outflows, followed by BITB at $49.7 million and IBIT at $33.4 million, per Farside Investors. The preceding nine sessions had brought in more than $3 billion. August flows stay positive at $3.3 billion, and total net assets across the funds fell to $97.6 billion after topping $100 billion on Aug 27. Bitcoin traded below $78,000 during the session. On the same day, Ether ETFs added $102.2 million and XRP funds added $26.2 million, while the Bitwise Solana ETF crossed $1 billion in assets.
Cointelegraph (SoSoValue, Farside Investors)