U.S. spot bitcoin exchange-traded funds (ETFs), which hold bitcoin directly, ended a nine-session inflow streak on August 28 after attracting roughly $3.04 billion. The funds recorded $202 million in net outflows that day, one day after combined net assets surpassed $100 billion on August 27. Blackrock’s Ishares Bitcoin Trust (IBIT) contributed $277.6 million, while Fidelity’s FBTC lost $83.6 million and Grayscale’s GBTC shed $27.2 million. The move followed a record nine-day bitcoin ETF outflow streak in May that drained roughly $2.8 billion as bitcoin fell from around $80,000 to $73,000. Spot ether ETFs diverged, recording $102 million in inflows and extending their buying streak to ten days after attracting $2.6 billion during their strongest inflow week since October earlier in August. Bitcoin opened August 28 at $80,261.86 before slipping to around $77,500 and was up just 1% over the past week. With roughly $6.4 billion in Deribit options expiring that Friday, the latest outflow appeared more consistent with profit-taking than panic, although ETF watchers will examine the next session’s data for signs of a longer trend. Ether ETFs entered the new week with their ten-day inflow streak intact.