Ethereum's Streak Continues as Bitcoin Flows Reverse Amid Hawkish Jackson Hole Remarks

Ethereum spot ETFs have recorded $102.1 million in net inflows for ten consecutive days, according to data from SoSoValue cited by Decrypt.

In contrast, Bitcoin spot ETFs posted $201.9 million in net outflows on August 28, ending a nine-day streak of inflows.

The reversal in Bitcoin flows came after Federal Reserve Chair Kevin Warsh made hawkish remarks at Jackson Hole, cooling the cryptocurrency's rally toward $80,000.

Ethereum ETF inflows continued despite this market backdrop, with total net assets standing at $13.8 billion as of August 28.