As the U.S. presidential election heats up, spot bitcoin exchange-traded funds (ETFs) logged their eight day in a row of positive daily net inflows on Monday, recording $202.51 million.

In the past week, the bitcoin ETFs attracted $756 million in inflows, with BlackRock’s IBIT fund leading the pack by gaining $224.06 million in inflows, SoSoValue data shows. Meanwhile, rival bitcoin ETFs Franklin Templeton’s EZBC pulled in $5.52 million in net inflows, while WisdomTree’s BTCW attracted $5 million.

Despite heightened market volatility earlier this month, bitcoin ETFs have collectively attracted nearly $18 billion in net inflows since their launch in January. The price of bitcoin has also picked up since last week, enjoying a boost from the U.S. Federal Reserve’s Friday announcement about an imminent rate cut.

On Friday, Federal Reserve chairman Jerome Powell addressed the annual conference at Jackson Hole, Wyoming. “The time has come for policy to adjust," Powell said. "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook and the balance of risks.” Upcoming interest rate cuts are widely forecast to wield a positive impact on crypto markets in September.

Despite bitcoin ETFs strong performance this month, rival ether ETFs saw disappointing results as ETFs for the world’s second-largest cryptocurrency logged record outflows this month. Cumulatively, ether ETFs witnessed $13.23 million in net losses on August 26.

Despite only officially launching earlier this summer, ether ETFs have cumulatively recorded negative net inflows to the tune of $465 million. The Grayscale Ethereum Trust (ETHE) has led these stunning outflows, logging over $2.5 billion in losses.