Overview
- CoinShares reported $3.75 billion of net inflows in the prior week, lifting crypto investment-product assets under management to a record $244 billion.
- Roughly 77% of that capital went to Ethereum funds ($2.87–$2.9 billion), with more than $2.3 billion concentrated in BlackRock’s iShares ETHA, and about $3.73 billion of total inflows came from the United States.
- Spot Bitcoin and Ether ETFs posted record trading activity, reaching roughly $40 billion in combined weekly volume, including about $17 billion for Ether, according to Bloomberg’s Eric Balchunas.
- Flows then flipped negative with $223 million in net outflows the following week, ending a 15-week inflow run as CoinShares cited hawkish FOMC signals, stronger US data and profit-taking, including more than $1 billion pulled on Friday.
- US spot Ether ETFs saw $196.6 million redeemed on Aug. 18—their second-largest daily outflow—led by BlackRock’s ETHA ($86.9 million) and Fidelity’s FETH ($78.4 million), even as CoinShares still logged $133 million in weekly inflows to Ethereum products.