Bitcoin ETFs Draw Over $900M as Ethereum Funds Maintain Winning Streak
The Bitcoin exchange-traded funds (ETFs) have seen another highly impressive week, attracting over $900 million in investment. This influx of capital has been consistent with recent trends, but it's worth noting that Friday's market landscape changed due to Kevin Warsh's hawkish speech at Jackson Hole.
Meanwhile, the Ethereum ETFs are continuing their winning streak, with inflows comparable to those of their Bitcoin counterparts. The spot volume for BTC has increased by 13.3% in the last 24 hours, reaching $19.99 billion. Ethereum's gas price remains low at 0.06 Gwei.