Bitcoin ETFs break nine-day winning streak as Ethereum funds catch a bid

Bitcoin's hot streak just hit a brick wall. After nine days of relentless buying, spot Bitcoin ETFs saw $201.9 million walk out the door on Aug. 28. It's a sharp reversal for a market that seemed poised to test new local highs. While BTC investors hit the exits, Ethereum funds are telling a different story by stretching their own inflow streak to 10 consecutive days. ARK 21Shares led the retreat for Bitcoin, losing nearly $100 million in a single session, while BlackRock's IBIT barely managed to stay flat. Traders are now watching to see if this is a temporary cooling period or the start of a broader rotation into Ether-based products. Wall Street's appetite for crypto isn't a monolith, and the sudden divergence between these two assets suggests institutional players are getting pickier with their entry points. Will Bitcoin regain its momentum before the week is out, or has the capital flight only just begun?
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