Bitcoin ETFs saw $201.9M net outflows on Aug 28, 2026, while Ethereum, Solana, and Hyperliquid ETFs posted modest inflows.
Macro & Markets ·
U.S. spot Bitcoin ETFs experienced $202 million in net outflows on August 28, marking an end to a nine-day consecutive inflow period, according to SoSoValue data. In contrast, spot Ethereum ETFs attracted $102 million in net inflows during the same session, sustaining their inflow momentum into a tenth consecutive day.
The divergence between Bitcoin and Ethereum fund flows reflects shifting investor positioning across the two largest digital assets. Bitcoin's outflow reversal ended a significant rally in fund purchases, while Ethereum's sustained inflows suggest continued institutional or retail appetite for the asset.
What remains unclear is whether Bitcoin's single-day outflow signals a shift in longer-term fund demand or represents routine profit-taking after the nine-day streak. The factors driving the outflow—whether sentiment-driven, technical, or macro-related—have not been specified.