Bitcoin ETFs See $201.9M Outflows as Nine-Day Inflow Streak Ends
BitcoinWorld Bitcoin ETFs See $201.9M Outflows as Nine-Day Inflow Streak Ends U.S. spot Bitcoin exchange-traded funds recorded $201.9 million in net outflows on Aug. 28, according to data from SoSoValue, ending a nine-session streak of net inflows.
The reversal signals a shift in investor sentiment after weeks of sustained accumulation. Fund-by-Fund Breakdown The outflows were led by ARK Invest’s ARKB, which saw $114.9 million leave the fund, followed by Bitwise’s BITB with $49.7 million in outflows.
BlackRock’s IBIT, typically the largest spot Bitcoin ETF, also reported net outflows of $33.4 million. VanEck’s HODL recorded $13.2 million in outflows. Notably, Morgan Stanley’s MSBT bucked the trend, posting net inflows of $9.3 million.
The mixed results highlight varying investor behavior across different fund providers, with some managers still seeing demand even as the broader market pulls back.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source