The Bitcoin ETF saw $860 million in inflows this week.
Most digital assets fell on Friday morning as speculation grew that US President Joe Biden would not seek reelection.
Bitcoin and Ether fell 1.2% and 2%, respectively, while Solana rose 1%. All three assets have posted double-digit gains over the past seven days, accelerating their gains following the assassination attempt on Republican presidential candidate Donald Trump last weekend.
Trump's pro-crypto stance has been welcomed by crypto investors, and while his chances of winning have dropped slightly from a peak of 72% on July 16, he remains the favorite to win, according to prediction market Polymarkets.
The Bitcoin ETF is having another strong week, seeing inflows of $860 million in the first four days, with the bulk of the inflows coming from BlackRock's IBIT fund, which saw around $600 million.
In other Bitcoin news, over half of respondents to a survey on the Mt. Gox bankruptcy subreddit said they have no plans to sell any of their BTC holdings. Repayments to creditors are expected to occur in the coming days as the trustee overseeing the process has transferred billions of dollars worth of BTC to designated cryptocurrency exchanges, including Kraken.
Among the top 100 digital assets by market cap, Ethereum Layer 2 network Mantle was the biggest gainer today, up 6%, while Solana-based meme coins Popcat and Shiba Inu rose 3%.
Meanwhile, the gaming sector was the worst performing, with Immutable, Beam, and Gala Games all falling by more than 5%.
