Bitcoin ETF is#4in the World

I looked at the statistics on ETFs in the world. Of the 10 largest ETF funds, only VOO (Vanguard S&P 500 ETF), IVV (ETF iShares S&P 500) and QQQ (Invesco ETF Nasdaq 100) attracted more funds than Bitcoin ETF. A positive sign, given the size of these ETF funds compared to all Bitcoin ETFs combined. Now the main thing is to overcome the upcoming September, which is always weak for financial markets.

The total market capitalization of stablecoins reached a new historical maximum of $ 168 billion. The growth of this indicator has been observed for 11 months in a row and indicates an influx of new money into the industry.

Last week, the inflow of funds into investment products for digital assets amounted to $ 533 million, which was the largest inflow in the last five weeks. The surge followed Jerome Powell's remarks at the Jackson Hole Symposium.

A month after the launch of Ethereum, ETFs received $3.1 billion in inflows, partially offset by outflows from Grayscale Trust.