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Crypto

Bitcoin ETF Inflows Snap After $3 Billion Streak, But ETH and Solana Funds Remain Strong

Guavy AI Editorial Team
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BTC ETH SOL XRP
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The US-listed Bitcoin exchange-traded funds (ETFs) saw a $201.9 million withdrawal on Friday, ending their nine-day inflow streak of over $3 billion.

This reversal occurred as Bitcoin fell by about 3.2% to around $77,696 on August 28. In contrast, Ethereum, XRP and Solana ETFs continued to attract cash, with a combined net inflow of approximately $145 million.

The data suggests that the weakness in Bitcoin was isolated rather than indicative of a broader market trend. The Bitcoin ETFs still finished the five sessions through August 28 with around $924.5 million of net inflows, leaving their weekly demand positive despite the streak ending.

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