BTC Under $78K: Bitcoin ETFs End 9-Day Inflow Run

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US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, led by ARK 21Shares, as total fund assets slipped back below $100 billion.

US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows.

Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions of inflows, according to SoSoValue data.

The reversal followed more than $3 billion of net inflows during the nine-session run, while August flows remained positive at $3.3 billion with one US trading session left in the month. Total net assets fell to $97.6 billion after topping $100 billion on Thursday.

ARK 21Shares leads Bitcoin ETF outflows

The ARK 21Shares Bitcoin ETF (ARKB) led Friday’s withdrawals with $114.9 million in net outflows, followed by the Bitwise Bitcoin ETF (BITB) with $49.7 million, according to Farside Investors data.

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