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Sep 2, 2026
< 1min read
byJordan Lyanchev
forCryptoPotato

The US Treasury’s August 19 monetary pivot reshaped investor behavior in crypto, notably how spot ETFs track BTC and the largest altcoins and prompting reassessments of exposure and market positioning. A subsequent hawkish Fed Chair Kevin Warsh speech on Friday triggered another rotation: some crypto ETFs fell out of favor while others held up, and the Tuesday market leader was a smaller token rather than BTC or ETH, signaling mixed near-term market impact for ETF performance and adoption.
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The August 19 monetary pivot from the US Treasury Department led to some major changes in the cryptocurrency markets, including how investors view and operate with the spot ETFs tracking BTC and the largest altcoins.
However, another investor shift came on Friday after the hawkish speech by Fed Chair Kevin Warsh. Some crypto ETFs have fallen out of grace, but others remain strong. Interestingly, the winner on Tuesday was neither of the two largest cryptocurrencies.
Source: cryptorank.io
