Bitcoin ETFs Suffer First Net Outflow in Nine Sessions Amid Market Caution

US spot Bitcoin ETFs experienced their first net outflow in nine sessions on August 28, withdrawing approximately $201.9 million from the market.

This came after a string of positive inflows that started on August 17 and accumulated around $3.04 billion by August 27, according to CryptoRank's report.

The Aug. 28 outflow was small compared to the cumulative net inflows since launch but raised concerns about potential shifts in demand for spot Bitcoin ETFs.

However, Ethereum ETFs continued to receive net inflows over the same period, suggesting that institutional investors may be strategically rebalancing their portfolios rather than retreating from digital assets altogether.