Bitcoin leads with $543M in revenues amid Powell Jackson Hole comments.

Digital asset investment products attracted $533 million in inflows last week, the biggest in more than a month, as Jerome Powell hinted at a September interest rate cut at the Jackson Hole Symposium.

While trading volume is lower than in recent weeks, these products have gained a total of $9 billion over the past seven days.

According to CoinShares' latest edition of Digital Asset Fund Palestine's weekly report, Bitcoin dominates the market, with revenues reaching $543 million. A major part of this figure occurred on Friday after Powell's dovish comments, which mainly highlighted Bitcoin's sentiment towards interest rate expectations.

Short-bitcoin ETFs also saw $1.7 million in weekly earnings, according to the European Digital Asset Investment Firm.

At the same time, several altcoins welcomed the income. Litecoin, one, attracted $ 0.5 million. XRP and Cardano followed with $0.3 million each. Meanwhile, Solana settled for $0.1 million in earnings.

On the other hand, Ethereum experienced $36 million in outflows last week, although new issuers are still seeing inflows. However, Greyscale Ethereum Trust bucked this trend with a $118 million withdrawal.

A month after its launch, the Ethereum ETF attracted a new inflow of $3.1 billion, with $2.5 billion from Grayscale Trust.

Most of the revenue was concentrated in the United States with $498 million, followed by Hong Kong and Switzerland with $16 million and $14 million respectively.

Brazil, Canada and Australia brought in $8 million, $5 million and $2.5 million respectively. Germany, however, had less spending at $9 million, making it one of the few countries with net spending year-over-year. Sweden's spending for the week reached $1.2 million.

Additionally, inflows into blockchain stocks continued for the third consecutive week, reaching $4.8 million.