Bitcoin ETFs See $202M Outflow, Breaking 9-Day Inflow Streak
What happened: US spot Bitcoin ETFs recorded $201.
What happened: US spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending a nine-session inflow streak that had brought in over $3 billion. Major funds such as ARK 21Shares and Bitwise led the outflows, while only Morgan Stanley’s MSBT posted net inflows. Total ETF assets dropped below $100 billion, closing at $97.6 billion.
Why it matters: The reversal signals a pause in institutional accumulation, coinciding with Bitcoin’s brief dip below $78,000. Despite the outflow, August’s month-to-date flows remain positive at $3.3 billion. The data suggest that while long-term demand persists, short-term sentiment is sensitive to price and macro shifts, and ETF flows remain a key barometer for market direction.
Source: Cointelegraph, Crypto.news, Bloomingbit