Crypto
BTC and ETH ETFs Maintain Strong Inflows Amid Market Volatility
The spot Bitcoin exchange-traded funds (ETFs) recorded another impressive week, attracting over $900 million in net inflows. This follows a significant change in investor behavior after the US Treasury Department's pivot in its monetary policy.
According to the data, investors inserted nearly $1 billion into BTC ETFs over the past two weeks, with cumulative total net inflows rising from under $52.8 billion on August 14 to $54.63 billion on August 28.
The Ethereum funds, however, continued their impressive streak, attracting over $824 million in net inflows and not seeing a single red day since August 11.