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Bitcoin ETFs Snap 9-Day Streak With $202M Exit as Ether Gains $102M

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: U.S. spot bitcoin exchange-traded funds (ETFs) snapped a nine-day, $3 billion buying streak with a $202 million net outflow on August 28, even as spot ethereum ETFs added another $102 million the same day. A Nine-Day Run Comes to an End The party lasted nine trading sessions starting August 17, when U.S. spot bitcoin exchange-traded […] Crypto Insight Analysis: Direction: Bearish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin ETF outflows signal short-term bearish sentiment, while Ethereum inflows indicate growing institutional interest.

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Bitcoin ETFs Snap 9-Day Streak With $202M Exit as Ether Gains $102M — Crypto Insight