Bitcoin's annualized volatility has decreased to 38%, aligning with blue-chip stocks like Goldman Sachs, as Wall Street's buy-and-hold investors increase their presence. Ethereum ETFs have experienced significant trading activity, with volumes matching or surpassing Bitcoin's on certain days this month. Since August, Ethereum ETFs have attracted $2.5 billion in inflows, while Bitcoin products have seen a net outflow of $1.3 billion.
Arthur Azizov of B2 Ventures forecasts Ethereum prices to consolidate between $3,900 and $4,400. Bradley Duke of Bitwise Europe notes that Ethereum is entering a risk-averse market, with some funds preparing for a potential pullback. Market participants are also closely watching Federal Reserve Chairman Powell's upcoming speech at the Jackson Hole Symposium.
Bitcoin Volatility Drops to 38% as Ethereum ETFs See $2.5 Billion Inflows
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