Overview

• U.S. spot funds tracking Bitcoin and Ethereum logged a combined $291 million in net withdrawals on Aug. 29, with BTC out $126.64 million and ETH out $164.64 million, according to SoSoValue and Farside Investors.
• Ethereum’s run of daily inflows ended after six sessions that had brought in nearly $1.9 billion earlier in August, marking a sharp shift in sentiment to close the month.
• Issuer flows diverged: Grayscale’s ETHE saw $61.3 million exit and Fidelity’s ETH fund $51 million, while on the Bitcoin side 21Shares’ ARKB lost $72.1 million and Fidelity’s FBTC $66.2 million.
• Not all funds bled assets as BlackRock’s IBIT attracted $24.63 million and WisdomTree’s BTCW added $2.3 million, showing selective demand despite broader risk reduction.
• Bitcoin fell about 5.3% and Ethereum about 6.8% over the week with small 24‑hour rebounds, and large ETF asset bases (BTC about $140 billion, ETH about $28.6 billion) provided longer‑term context for the pullback.