Bitcoin ETF Inflow Streak Ends with $201M Outflow

The recent streak of uninterrupted daily inflows into US spot Bitcoin ETFs has come to an end, according to data from Farside Investors.

For the August 28 session, these funds saw a net outflow of $201.9 million, marking a shift in the market's sentiment.

The break in the nine-day inflow streak may not be a cause for concern, as it does not necessarily indicate that institutional demand has vanished.

Institutional investors may have rebalanced their portfolios or taken profits after a rally, rather than abandoning Bitcoin altogether.