Bitcoin ETF inflows snap after nine days as Ether funds keep gaining; Bailey warns AI could trigger a financial shock
Crypto markets spent the past 24 hours balancing ETF flow data, shifting rate expectations and a fresh batch of regulatory and infrastructure developments. U.S. spot Bitcoin ETFs posted $201.9 million in net outflows on Aug. 28, ending a nine-session inflow streak that began in mid-August. Spot Ether ETFs moved the other way, taking in $102.1 million that day and stretching their run of positive flows to 10 straight sessions. According to SoSoValue, weekly flows still remained strong for both products, with Bitcoin funds adding $924 million over the Aug. 24-28 trading week and Ether funds bringing in $824 million. Macro pressure also remained in focus. Bitcoin held near $78,000 while the dollar strengthened and the yen slipped through 160 against the U.S. dollar. Ahead of Friday’s U.S. nonfarm payrolls report, CME FedWatch data showed traders assigning better-than-even odds to two Fed rate hikes this year. In parallel, Bank of England Governor Andrew Bailey warned G20 finance officials that frontier AI models could magnify cyber risks and expose already stretched financial markets to more severe disruptions. Elsewhere, Ireland moved to exclude crypto from a planned tax-advantaged investment account, Japan’s Financial Services Agency proposed easing reporting rules for trust-based stablecoins from fiscal 2027, and several market structure stories landed at once, from DTCC’s tokenization timeline and CME’s new crypto indexes to exchange inflows, venture financing, and fresh security incidents on Fogo and Cronos.








