US spot Bitcoin exchange-traded funds finished the week with $924.48 million in net inflows, extending a strong two-week stretch even after sentiment weakened at the end of the period. Friday brought $201.81 million in net outflows, snapping a nine-session streak of positive daily flows.

The reversal came after hawkish remarks from Federal Reserve Chair Kevin Warsh at Jackson Hole, according to the source article. Even with that late pullback, Bitcoin funds have gathered nearly $3 billion over the past two weeks, pushing cumulative net inflows to about $54.63 billion by Aug. 28.

Four strong sessions drove the weekly total

Most of the week’s gains were built before Friday’s reversal. Spot Bitcoin ETFs posted net inflows of $337.56 million on Monday, $314.37 million on Tuesday, $232.12 million on Wednesday, and $242.24 million on Thursday.

Those four sessions were enough to keep the overall weekly figure solidly positive despite the final day’s outflow. The Friday decline ended a run of nine consecutive trading days with net inflows into spot BTC products.

Two-week picture remains firmly positive

The latest weekly data followed another strong stretch for Bitcoin ETFs. Over the past two weeks, these funds have attracted almost $3 billion in fresh capital, according to the figures cited in the report.

That momentum lifted cumulative net inflows from below $52.8 billion on Aug. 14 to roughly $54.63 billion by Aug. 28. The move suggests that, despite day-to-day volatility, the broader flow trend for US spot Bitcoin ETFs remained positive through most of the second half of August.

Ethereum funds continue uninterrupted run

Spot Ethereum ETFs also remained in positive territory. The products recorded a little over $102 million in net inflows on Friday and more than $824 million across the full week.

The report said Ethereum funds have not registered a single red day since Aug. 11. Over that period, cumulative inflows rose from about $11.44 billion on Aug. 11 to nearly $13 billion by Aug. 28, extending one of the category’s strongest recent runs.

Price backdrop and the next data point

The Ethereum streak unfolded alongside a sharp move in the underlying asset. ETH climbed from around $1,900 to above $2,500 during the period covered in the report before easing slightly afterward.

For Bitcoin ETFs, the key next step is whether the Friday outflow proves to be a one-day break or the start of a broader shift in demand. For Ethereum products, the immediate question is whether their no-red-day streak since Aug. 11 can continue into the next trading week.

Source: cryptopotato.com