Spot Ether ETFs in the U.S. recorded a total $524 million in net inflows during yesterday’s trading session, with $318 million going into BlackRock’s fund and $144 million into Fidelity’s. In contrast, spot Bitcoin ETFs attracted only $65 million in net investments on the same day.
Bessent stated that the U.S. Federal Reserve should consider a 50 basis point interest rate cut in September.
At the time of writing, Bitcoin (BTC) is trading at $119,320 and Ethereum (ETH) at $4,622.
The Fear and Greed Index stands at 63, indicating a level of greed.
Key events to watch today:
Taiko (TAIKO): Unlock of 9.29 million tokens, representing 2.60% of the circulating supply.
Cross (CROSS) & MGold (MGT): Launch of CROSS wallet integration for the PHA gaming DApp.
