Spot Bitcoin ETFs recorded an impressive week with $924.48 million in net inflows, bringing cumulative total net inflows to $54.63 billion as of August 28. The funds saw nine consecutive days of net inflows before Kevin Warsh’s hawkish speech as the new Federal Reserve Chairman triggered $201.81 million in outflows on Friday. Ethereum ETFs continued their streak with over $824 million in net inflows for the week, having no red days since August 11. ETH’s price surged from $1,900 to over $2,500 during the same period, while cumulative ETH ETF inflows approached $13 billion.
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