Bitcoin Spot ETFs See Inflows Halt While Ethereum ETFs Continue Streak

U.S. spot Bitcoin ETFs recorded a net outflow of $201.9 million on August 28, ending a nine-day streak of net inflows. According to SoSoValue, the cumulative net inflow now stands at approximately $55.1 billion, with total net assets reaching $939 billion. Decrypt's ETF tracker shifted Bitcoin sentiment to bearish following this reversal. Previously, Bitcoin ETFs had seen $2.8 billion in inflows over eight days, with prices testing the $80,000 level. In contrast, Ethereum ETFs maintained momentum with a $102.1 million net inflow on August 28, extending thei