According to ME News, on August 26 (UTC+8), Jiang Zhuo'er, founder of the B.TOP mining pool, posted that following this weekend’s sharp rally, the first U.S. stock market trading day became a critical period to monitor ETF fund flows. Data showed a net inflow of $314 million into Bitcoin ETFs and $180 million into Ethereum ETFs. U.S. stock market funds are chasing long positions, confirming further momentum in this rally; the probability of Bitcoin retracing below its recent launch point of $67,000 is very low. Meanwhile, Ethereum ETF inflows account for 57.2% of Bitcoin ETF inflows—significantly higher than Ethereum’s 18.8% share of total market capitalization relative to Bitcoin. He believes Ethereum will continue to serve as the “engine” of this bull market. With Trump strongly embracing blockchain and the CLARITY Act advancing, traditional financial assets such as the U.S. dollar, U.S. stocks, and U.S. Treasuries may increasingly be tokenized, placed on-chain, and governed by smart contracts. He believes this will drive more traditional finance professionals to understand and invest in the broader blockchain ecosystem. (Source: BlockBeats)
Jiang Zhuoer: Bitcoin Unlikely to Fall Below $67,000; ETH Remains the Bull Market 'Engine'
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Summary
Bitcoin news: On August 26 (UTC+8), Jiang Zhuoer of B.TOP noted that Bitcoin ETFs received a net inflow of $314 million, while Ethereum ETFs added $180 million. He stated that ETH’s inflow ratio of 57.2% compared to Bitcoin’s is significantly higher than its 18.8% market cap share, indicating that ETH remains a key driver in the bull market. He also highlighted the potential for traditional assets to be tokenized as blockchain adoption expands.
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