Overview
- CoinShares reported $3.75 billion in net inflows into cryptocurrency investment products for the week ending mid-August.
- Spot Bitcoin and Ether ETFs reached a combined $40 billion in trading volume, marking the highest weekly level on record.
- Ether-focused ETPs secured about 77% of the inflows, with BlackRock’s ETHA fund capturing over $2.3 billion.
- Bitcoin ETPs attracted $552 million even as BTC climbed past $124,000 to a fresh peak.
- Other digital asset funds saw mixed flows as Solana drew $176.5 million, XRP $125.9 million and Litecoin and Toncoin experienced minor outflows.