BlockBeats news: On August 26, Bloomberg ETF analyst Eric Balchunas said there is further evidence of a "currency depreciation hedge trade" beginning to replace AI hype. The gold ETF GLD and BlackRock’s spot Bitcoin ETF IBIT have re-entered the top ten ETFs by trading volume, while several semiconductor ETFs that dominated the rankings throughout the summer have seen their positions decline.
He noted that the trading activity of the semiconductor ETF remains higher than what would normally be expected for its size, but has clearly cooled compared to previous levels.

