US-listed Bitcoin exchange-traded funds experienced $201.9 million in net outflows on Friday, halting a nine-day inflow streak. The reversal coincided with Bitcoin's 3.2% decline to $77,696, while Ethereum, XRP, and Solana ETFs collectively attracted $145 million in net inflows during the same session.
The divergence reflects localized weakness in Bitcoin rather than broad market retreat. Fund-level data does not identify individual investors, so the inflow patterns do not definitively establish that capital rotated directly from Bitcoin to other assets. Bitcoin ETFs still recorded approximately $924.5 million in net inflows across the five trading sessions through August 28, keeping the week's broader demand positive.
Bitcoin ETF Outflows by Fund
ARK 21Shares' ARKB led Friday's withdrawals with $114.9 million, followed by Bitwise's BITB at $49.7 million. BlackRock's IBIT declined $33.4 million after driving much of the preceding buying run, while VanEck's HODL shed $13.2 million. Morgan Stanley's Bitcoin Trust recorded a partial offset with $9.3 million in inflows.
The nine-day inflow streak that ended Friday had accumulated $3.0442 billion. Bitcoin ETFs have attracted approximately $54.6 billion in cumulative net inflows since launch and manage roughly $97 billion in assets under management.
Ethereum, XRP, and Solana Continue Gaining
Ethereum ETFs added $102.1 million on Friday, extending their inflow streak to 10 sessions totaling more than $1.5 billion. These products have attracted about $12.97 billion since launch and now manage roughly $15.2 billion in assets.
XRP ETFs recorded approximately $26 million in inflows, bringing a nine-session streak to around $150 million. Cumulative net inflows have reached roughly $1.6 billion, with assets under management near $1.4 billion.
Solana ETFs added $17.3 million, extending a nine-day run that has accumulated about $200 million. These products have attracted roughly $1.2 billion since launch and manage about $1.43 billion.
The contrast between Bitcoin and its peers creates a demand test ahead. A return to Bitcoin ETF inflows would characterize Friday as a pause within an unusually strong buying period. Continued Bitcoin redemptions paired with sustained inflows into Ethereum, XRP, and Solana would indicate that institutional crypto demand is persisting but becoming less concentrated in the market's largest asset.
