Bitcoin climbed from roughly $63,500-$64,000 in late July to above $80,000 on August 25-26, supported by spot demand, short covering, contained funding rates, steady ETF inflows, Treasury buyback expectations and momentum, before trading near $78,275. U.S. spot Bitcoin ETFs took in $337.56 million, $314.37 million, $232.12 million and $242.24 million across Monday through Thursday, extending a nine-session run of roughly $3.04 billion before about $201.81 million in net outflows on August 28 following Kevin Warsh’s hawkish Jackson Hole remarks; the funds still finished the week with about $924.48 million in net inflows, nearly $3 billion over two weeks, and cumulative net inflows of about $54.63 billion. Ethereum ETFs stayed green, adding just over $102 million on August 28 and more than $824 million for the week with no red day since August 11, lifting cumulative net inflows from about $11.44 billion toward nearly $13 billion as ether rose from near $1,900 toward about $2,500. XRP, Solana and HYPE ETFs also posted August 28 inflows, with XRP funds reaching a 2026 record $2 billion in combined AUM, Solana-category inflows near $1.7 billion and Bitwise’s BSOL above $1 billion; Bitwise’s European BTC1 ETP reached about $155.5 million in assets. Crypto-stock performance still diverged on second-quarter earnings and execution, from Bullish’s 46% gain to Cipher Mining’s 33% decline, while an altcoin season index reading of 30 pointed to a Bitcoin-led tape ahead of historically weak September periods.