
On Monday, U.S. spot bitcoin ETFs experienced $61.98 million in net inflows amid a notably low daily trade volume of $779.87 million, the third-lowest since February. This marks a significant drop from the $5.24 billion traded on August 6. Market sentiment remains subdued due to recent sell-offs, summer holidays, and investors awaiting signals from the upcoming Fed's Jackson Hole meeting. Bitcoin ETFs saw mixed inflows and outflows across different funds, while spot Ethereum ETFs recorded their lowest trade volume since launch, with significant outflows due to ongoing concerns over staking legalities and Solana ETF issues. Source: The Block