BTC ETFs continue to dominate with net inflows of $1 billion, while the stablecoin channel saw outflows of $169 million. So far, the US spot ETF has accumulated net inflows of $21.5 billion, with a total holding of 983,600 coins. At the current rate of inflows, it will exceed the 1 million mark around the time of the U.S. election. It should be noted that, according to EMC Labs' monitoring, the average buying cost of ETFs is $59,500.

That's fascinating! It'll be interesting to see if the momentum continues and how it might affect market dynamics, especially around election time. Also curious about the strategies investors will adopt with that buying cost in mind.