Bitcoin ETFs Halt $3B Inflow Streak; ETH, XRP, Solana Gain

US-listed Bitcoin exchange-traded funds recorded $201.9 million of net outflows on Aug. 28, stopping a nine-day inflow streak that had added about $3.04 billion to Bitcoin funds. Bitcoin’s price fell about 3.2% to roughly $77,696 on the day and reported trading volume rose to about $39.47 billion from $34.03 billion.

Fund-level data from Farside Investors showed the outflows were concentrated in Bitcoin products. ARK 21Shares’ ARKB led withdrawals at $114.9 million, followed by Bitwise’s BITB with $49.7 million. BlackRock’s IBIT recorded $33.4 million of outflows and VanEck’s HODL fell by $13.2 million. Those redemptions were partly offset by a $9.3 million inflow into Morgan Stanley’s Bitcoin Trust. Friday’s net outflow reduced the nine-session inflow total by about 6.6%.

Since their launch, US Bitcoin ETFs have attracted about $54.6 billion of net inflows and manage roughly $97 billion in assets. Over the five trading sessions through Aug. 28, Bitcoin funds still posted about $924.5 million of net inflows.

Other US crypto ETFs moved in the opposite direction on Friday. Ethereum ETFs added about $102.1 million, extending their inflow streak to 10 sessions and bringing the cumulative new money from that streak to more than $1.5 billion; Ethereum products have taken in about $12.97 billion since launch and manage roughly $15.2 billion.

XRP ETFs recorded approximately $26 million of inflows, marking their ninth straight day of net buying and bringing cumulative inflows to about $150 million with assets near $1.4 billion. Solana ETFs added $17.3 million, extending a nine-day run that has contributed roughly $200 million; Solana products have attracted about $1.2 billion since launch and manage around $1.43 billion.

A Bitcoin-focused research firm described the prior nine-day buying streak as the strongest streak of ETF inflows of the current bear market, saying cumulative buying reached a scale seen around Bitcoin’s 2025 high.

Fund-level flows do not identify individual buyers, so Friday’s divergence does not prove investors directly rotated from Bitcoin into other tokens.