Bitcoin ETFs See Net Outflows Totaling $201.9 Million

On August 28, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $201.9 million, ending a nine-session streak of net inflows.

This reversal signals a shift in investor sentiment after weeks of sustained accumulation.

The largest ETF to see outflows was ARK Invest's ARKB, with $114.9 million leaving the fund, followed by Bitwise's BITB with $49.7 million in outflows.

BlackRock's IBIT also reported net outflows of $33.4 million, while VanEck's HODL saw $13.2 million in outflows.