Bitcoin, Ethereum ETFs Rebound With $2.48 Billion Net Inflows Week
Digital asset investment products rebounded last week, recording $2.48 billion in inflows, lifting total inflows for August to $4.37 billion and year-to-date inflows to $35.5 billion, according to a CoinShares report on Monday.
What Happened: Despite the inflows, total assets under management (AuM) fell 10% from recent peaks to $219 billion, driven by late-week outflows linked to Core PCE data releases.
The United States dominated last week’s inflows, contributing $2.29 billion, or approximately 92% of total inflows.
Other regions also reported gains: Switzerland saw $109.4 million, Germany $69.9 million, and Canada $41.1 million.
The broad distribution across multiple regions suggests that Friday’s outflows were largely profit-taking, rather than indicative of a systemic decline in digital asset demand.
Ethereum (CRYPTO: ETH) led inflows with $1.4 billion last week, compared to Bitcoin‘s (CRYPTO: BTC) $748 million.
For August, Ethereum accumulated $3.95 billion, while Bitcoin registered outflows of $301 million.
Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) also posted gains, with inflows …
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