Ethereum ETF Inflows Extend to 10 Days as Bitcoin Funds Lose $201.9M

U.S. spot Ethereum ETFs recorded $102.1 million in net inflows on Aug. 28, extending their inflow streak to 10 days. Spot Bitcoin ETFs, meanwhile, posted $201.9 million in net outflows, ending a nine-day run of inflows. The divergence came as Bitcoin’s rally toward $80,000 cooled following hawkish remarks at Jackson Hole.

The figures were reported by Decrypt and attributed to SoSoValue. They represent daily net flows into and out of U.S.-listed spot crypto ETF categories, rather than changes in the value of the underlying assets held by the funds.

Data Snapshot

MetricCurrentPreviousChangePeriodAs ofSourceU.S. spot Bitcoin ETF net flows$201.9 million in net outflows——Aug. 28, 20262026-08-28Decrypt, citing SoSoValueU.S. spot Ethereum ETF net flows$102.1 million——Aug. 28, 20262026-08-28Decrypt, citing SoSoValueBitcoin ETF cumulative net inflowsabout $55.1 billion——As of Aug. 28, 20262026-08-28Decrypt, citing SoSoValueBitcoin ETF total net assetsroughly $93.9 billion——As of Aug. 28, 20262026-08-28Decrypt, citing SoSoValueEthereum ETF cumulative net inflowsabout $12.9 billion——As of Aug. 28, 20262026-08-28Decrypt, citing SoSoValueEthereum ETF total net assets$13.8 billion——As of Aug. 28, 20262026-08-28Decrypt, citing SoSoValue

Ethereum’s 10-Day Inflow Streak Outlasts Bitcoin’s Nine-Day Run

Ethereum’s $102.1 million intake on Aug. 28 pushed its streak to 10 consecutive days of inflows. Bitcoin funds moved in the opposite direction, posting $201.9 million in net outflows and bringing their nine-day inflow run to an end.

That contrast concerns the direction of flows on one trading day and the length of each recent streak, rather than a like-for-like comparison of the two markets’ overall size. Bitcoin and Ethereum spot ETFs have materially different cumulative flow totals and asset bases.

The prior pattern of consecutive inflows across both product groups ended with the reversal in Bitcoin flows, even as Ethereum flows continued. Decrypt notes that daily ETF activity can shift between heavy accumulation and sharp withdrawals alongside price moves and the wider macro backdrop.

Hawkish Jackson Hole Remarks Coincide With Bitcoin ETF Reversal

After nine consecutive days of inflows, U.S. spot Bitcoin ETF flows reversed on Aug. 28. The move came after Federal Reserve Chair Kevin Warsh made hawkish remarks at Jackson Hole, cooling a rally that had carried Bitcoin toward $80,000, according to Decrypt.

Ethereum ETF inflows continued against that broad market setting, leaving the two product groups moving in opposite directions. Decrypt reported the backdrop alongside the Bitcoin reversal but did not quantify the withdrawal’s attribution to Warsh’s remarks, and the available flow data provide no separate explanation for continued allocations to Ethereum funds.

Bitcoin and Ethereum ETF Totals as of Aug. 28

As of Aug. 28, Bitcoin ETFs had recorded about $55.1 billion in cumulative net inflows, compared with about $12.9 billion for Ethereum ETFs, according to SoSoValue data cited by Decrypt. Cumulative net inflows track the net subscriptions and redemptions over time; they are distinct from total net assets, which reflect the size of the funds’ holdings at that point.

Bitcoin ETF total net assets stood at roughly $93.9 billion as of Aug. 28. Ethereum ETF total net assets were $13.8 billion. Those asset figures provide the broader scale behind the daily flow divergence, but should not be read as a direct measure of the day’s investor demand.

U.S. spot Bitcoin ETFs debuted in January 2024 after years of regulatory rejections and quickly became some of the fastest-growing ETFs in history, Decrypt noted. On Aug. 28, however, the more immediate signal was that Bitcoin’s nine-day inflow sequence had stopped while Ethereum’s 10-day streak continued.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.