Friday wasn’t just a good day for BTC’s data—ETH’s data was pretty solid too. Although its net inflow wasn’t as high as Bitcoin’s, it still reached over 70% of BTC’s inflow volume. For ETH right now, that’s not bad at all, especially considering its data hasn’t looked great for the past two weeks. The current increase in funds alongside BTC might very well be tied to the ongoing speculation around a potential rate cut in September. In other words, the September rate cut speculation has at least stirred up investor sentiment in the spot ETF market. Notably, U.S. investors are already stepping in. For ETH, U.S. investors’ net purchasing power in Week 59 has exceeded 110,000 ETH, whereas in Week 58, the data showed a net outflow of over 140,000 ETH. Sponsored by Bitget ｜ @Bitget_zh