While U.S. inflation spiked in August, reaching a 2.9% annual rate and surpassing the Federal Reserve’s 2% target, Bitcoin price remains remarkably resilient, hovering near $114,000. A surge in investment into U.S. spot Bitcoin ETFs appears to be driving this stability. This comes as investors anticipate the Federal Reserve’s upcoming policy meeting, where decisions on interest rates could impact both assets. 2.9% inflation rate for August brought some uncertainty to the market but a significant wave of institutional buying through regulated ETF vehicles has stabilized Bitcoin prices. This influx suggests that big investors are seeing an opportunity to buy Bitcoin in anticipation of future economic shifts.