Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.
- Spot Bitcoin ETFs experienced a net outflow of $201.9 million on August 28, breaking a nine-day inflow streak, while Ethereum ETFs continued their 10-day run of positive inflows.
- This divergence in flows occurred as Bitcoin's price dipped following hawkish remarks from the Federal Reserve Chair at Jackson Hole.
- Despite the temporary outflow, overall institutional appetite for both Bitcoin and Ethereum ETFs remains robust, with cumulative inflows for Bitcoin ETFs reaching approximately $55.1 billion.
Topics: Public market access, Bitcoin etf, Market legitimacy adoption, Capital flows market impact
Tags: #bitcoinetfs #ethereumetfs #inflowstreak #outflows #sovereignbond #assetmanagement #institutionalinvestors #federalreserve #jacksonhole #marketsentiment
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