Bitcoin ETFs See Strong Inflows Despite Hawkish Fed Speech
Spot Bitcoin exchange-traded funds experienced another robust week, attracting over $900 million in net inflows. However, sentiment shifted on Friday following a hawkish speech by former Federal Reserve Governor Kevin Warsh at the Jackson Hole Economic Symposium.
Ethereum ETFs Continue Uninterrupted Gains
Meanwhile, exchange-traded funds tracking the largest altcoin have maintained a consistent upward trend, with their actual inflows closely mirroring those of their Bitcoin counterparts.
CryptoPotato previously reported a significant shift in investor behavior toward spot Bitcoin ETFs, with nearly $2 billion flowing in, marking the highest inflow since the October 2025 market downturn. This surge followed a pivot in U.S. Treasury Department monetary policy, which contributed to a substantial uptick across the entire cryptocurrency market.
This trend continued into the new business week, with Bitcoin’s price challenging the $80,000 resistance level on multiple occasions. Investors injected $337.56 million on Monday, followed by $314.37 million on Tuesday, $232.12 million on Wednesday, and $242.24 million on Thursday. This sustained activity resulted in nine consecutive days of net inflows for Bitcoin ETFs.
Friday Outflows Snap Inflow Streak
The streak of positive inflows was broken on Friday, potentially influenced by the hawkish stance articulated by former Federal Reserve Chairman Kevin Warsh. The funds experienced net outflows totaling $201.81 million.
Despite Friday’s reversal, the week concluded with a net inflow of $924.48 million. In the past two weeks alone, these funds have attracted nearly $3 billion. Cumulative net inflows have climbed from under $52.8 billion on August 14 to $54.63 billion by August 28.
Ethereum ETFs Maintain Momentum
In contrast to the spot Bitcoin ETFs, which ended Friday with net outflows, their Ethereum counterparts attracted just over $102 million on the same day, extending their impressive streak of positive inflows. These funds have not recorded a single day of net outflows since August 11. Overall, the week closed with more than $824 million in net inflows for Ethereum ETFs.
Thursday proved to be the most significant day for Ethereum ETFs, with $234.51 million entering the funds. Wednesday saw an inflow of $192.35 million, followed by $179.80 million on Thursday, and $115.57 million on Friday. Cumulative net inflows have risen from $11.44 billion on August 11 to nearly $13 billion by August 28.
The price of the underlying asset, Ether, surged from $1,900 to over $2,500 within the same period, before facing resistance and currently trading just below that mark.
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