U.S. spot Bitcoin ETFs recorded $236.5 million in net outflows on September 1, while spot Ethereum ETFs attracted $8.6 million in net inflows.
Renewed U.S.–Iran strikes pushed WTI crude above $90 and intensified the global bond sell-off, increasing inflation concerns and weighing on Bitcoin and other risk assets. Markets raised the probability of a Federal Reserve rate hike in September to nearly 70%.
The SEC proposed modernizing its transfer-agent rules to reflect the use of blockchain technology in securities offerings, ownership records, and share transfers.
Bitcoin is trading at approximately $77,470, while Ethereum is trading at approximately $2,419.
The Fear and Greed Index stands at 63, indicating Greed.
