US-listed Bitcoin exchange-traded funds (ETFs) experienced $201.9 million in net outflows on Friday, Aug. 28, snapping a nine-day inflow streak that had accumulated $3.04 billion and underpinned Bitcoin's late-August recovery.
Bitcoin's price fell 3.2 percent to $77,696 the same day, with trading volume rising to $39.47 billion from $34.03 billion.
The outflow marked a critical pause. ARK 21Shares' ARKB led redemptions with $114.9 million out, followed by Bitwise's BITB at $49.7 million, according to Farside Investors data. BlackRock's IBIT, which drove much of the preceding momentum, lost $33.4 million. VanEck's HODL shed $13.2 million. Only Morgan Stanley's Bitcoin Trust added $9.3 million.
Despite Friday's reversal, Bitcoin ETFs logged $924.5 million in net inflows through the five-session week—still substantially positive. The nine-day streak itself represented the largest uninterrupted ETF buying run of the current market cycle, according to Ecoinometrics, a Bitcoin-focused research firm. The cumulative demand reached scales comparable to Bitcoin's 2025 all-time high push.
Friday's $201.9 million withdrawal erased only 6.6 percent of the nine-day total. However, sustained outflows could undermine a key technical signal: the demand that accompanied Bitcoin's recent breakout.
The Bitcoin ETF complex remains substantially larger than its crypto peers. US Bitcoin ETFs have attracted roughly $54.6 billion in cumulative net inflows since launch and currently manage approximately $97 billion in total assets. Ethereum ETFs hold roughly $15.2 billion, with cumulative net inflows near $12.97 billion. XRP ETFs have accumulated roughly $1.6 billion in cumulative inflows.
