Cryptocurrency investment products attracted $2.48 billion in inflows last week, reversing the prior week’s $1.4 billion in outflows, according to CoinShares. Despite this renewed interest, bitcoin slipped under $108,000 after briefly topping $113,000 earlier in the week, while ether also fell below $4,300 after starting above $4,600, showing continued turbulence in the market.
Spot ether ETFs dominated with $1.4 billion in inflows, compared to $748 million for bitcoin funds. Both asset classes, however, saw outflows by Friday, ending multi-day streaks of positive inflows. Optimism also carried over to other tokens, with Solana and XRP bringing in $177 million and $134 million, respectively, amid growing speculation about potential US ETF launches.
In total, crypto investment products attracted $4.37 billion in August, pushing year-to-date inflows to $35.5 billion — a 58% increase compared to the same period in 2024. Assets under management, however, dropped 7% week-over-week to $219 billion as prices softened.
Bitcoin funds showed $301 million in outflows for the month, while Ether products captured nearly $4 billion, representing more than 91% of August’s inflows.
Sources:
https://cointelegraph.com/news/crypto-etp-inflows-2-48b-bitcoin-ether-etf-dominance
https://blog.coinshares.com/volume-198-digital-asset-fund-flows-weekly-report-103ff715bd07
https://blog.coinshares.com/volume-249-digital-asset-fund-flows-weekly-report-9cdd967b9fa4
https://www.coingecko.com/en/coins/ethereum
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