Haciyev Reşit 
On August 28, a notable development took place in the crypto market. Spot Bitcoin ETFs recorded a net inflow of $178.90 million, marking four consecutive days of strong investor interest.
In recent days, the growing demand for spot Bitcoin ETFs reflects institutional investors’ confidence in the market. The four consecutive days of inflows signal that expectations for Bitcoin’s price remain strong.
Six-Day Streak for Ethereum ETFs
The picture is also positive on the Ethereum side. Spot Ethereum ETFs recorded uninterrupted inflows for six straight days, attracting $39.16 million from investors. This demonstrates that Ethereum is also being embraced as a reliable asset by institutional investors.
Expert Commentary
Crypto market analysts stated that ETF inflows are boosting confidence in the long-term value of cryptocurrencies:
“These consistent inflows into ETFs are creating a positive market sentiment for both Bitcoin and Ethereum.”
Strong Trend in Crypto ETFs
Both the net inflows into Bitcoin ETFs and the sustained rise in Ethereum ETFs highlight that the crypto market continues to attract institutional investors. If this trend persists, it is expected to have a positive impact on the prices of both Bitcoin and Ethereum in the coming weeks.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.