U.S. spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28, snapping a nine-day inflow streak and trimming cumulative net inflows to about $55.1 billion, with total net assets at roughly $93.9 billion. Ethereum ETFs, by contrast, took in $102.1 million on the same day, extending a 10-day streak and lifting cumulative inflows to about $12.9 billion against $13.8 billion in total net assets. Bitcoin had tested the $80,000 level before slipping following hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium, recovering to around $79,000 over the weekend.
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