Bitcoin Spot ETFs See $201.9M Outflows as Nine-Day Inflow Streak Ends
Bitcoin spot exchange-traded funds (ETFs) recorded $201.9 million in net outflows on August 28, marking an end to a nine-day streak of inflows.
The reversal signals a shift in investor sentiment after weeks of sustained accumulation.
ARK Invest's ARKB led the outflows with $114.9 million leaving the fund, followed by Bitwise's BITB with $49.7 million in outflows and BlackRock's IBIT with $33.4 million.
Morgan Stanley's MSBT bucked the trend with net inflows of $9.3 million.