Bitcoin retreats after hawkish Jackson Hole remarks end nine-day ETF inflow streak

U.S. spot Ethereum ETFs recorded $225.8 million in net inflows on August 28, bringing the nine-day total to $1.42 billion. BlackRock’s ETHA accounted for 72% of the inflows, while spot trading volume in Ethereum has softened, raising questions about whether ETF demand alone can sustain price momentum.
AI Analysis
The article reports large, sustained ETF inflows led by BlackRock, which is supportive for Ethereum demand. However, it also says spot trading volume has softened and that ETF buying alone may not sustain momentum, limiting the bullish effect.