Bitcoin ETF Inflows Drop After $3 Billion Streak; Ethereum, XRP, and Solana ETFs Continue Growth

US-listed Bitcoin exchange-traded funds (ETFs) experienced a notable decline, losing $201.9 million on August 28, 2026, which ended a nine-day inflow streak that had accumulated over $3 billion. This downturn coincided with Bitcoin's price drop of approximately 3.2%, closing at $77,696.

In contrast, Ethereum, XRP, and Solana ETFs demonstrated resilience by attracting a combined $145 million in net inflows. This divergence indicates that the weakness was primarily concentrated in Bitcoin, rather than a broader trend affecting the entire US crypto ETF market.

Despite the one-day setback, Bitcoin ETFs recorded net inflows of about $924.5 million over the five sessions leading up to August 28, suggesting ongoing demand. The recent inflow streak was described by Ecoinometrics as the strongest seen during the current bear market, highlighting the significant support it provided for Bitcoin's recovery.

ARK 21Shares' ARKB led the withdrawals with $114.9 million, followed by Bitwise's BITB at $49.7 million. Notably, BlackRock's IBIT and VanEck's HODL also saw significant outflows. However, a $9.3 million inflow into Morgan Stanley's Bitcoin Trust partially mitigated the losses.

Meanwhile, Ethereum ETFs added $102.1 million, extending their inflow streak to ten sessions, while XRP ETFs recorded approximately $26 million in inflows. Solana ETFs also saw a positive trend with $17.3 million in new investments, indicating a healthy appetite for these assets.

The contrasting trends suggest that while Bitcoin faces a demand test, Ethereum, XRP, and Solana continue to attract institutional interest. This could imply a shifting focus among investors, with a potential diversification away from Bitcoin.