Cryptocurrency investment products attracted the revised flow last week, which offset $ 1.4 billion last week’s flow.
Crypto Products exchanged by exchange (ETP) Logged $ 2.48 billion in last week’s flows, data from coinshares shown Monday.
In spite of the flow, the bitcoin (Btc) insists on market price terms, slipping Under $ 108,000 after a short trading above $ 113,000 earlier in the week, according to coingecko data.
Ether (Eth) din Fall Under $ 4,300 after starting the week above $ 4,600, boasting of bitcoin excitement.
Spots ether ETP maintains dominance
Last week’s streams are noticeable as follows $ 1.4 billion in the past weekbut remained far from $ 4.4 billion notes Set in July.
Spot ether Funds exchanged by exchange (ETF) The retained market dominance last week, which attracts $ 1.4 billion to the flow, while Bitcoin funds have recorded smaller ones of $ 748 million.
Both Ether and Bitcoin ETF experienced flows last Friday, ending a six-day flow of flow for Ether and a four-day stripe for bitcoin, According to in sosovalue data.
Related: US ETFS now a major source of bitcoin spot trading volume: cryptoquant
Meanwhile, Solana (Sol) and XRP (XRP) continues to benefit Optimism around the potential launch of US ETFPosting of $ 177 million and $ 134 million, respectively, according to coinshares.
August flowing Net $ 4.4 billion, Aum slipped by 10%
Despite the $ 4.37 billion flow in August and $ 35.5 billion year-to-date (YTD), crypto fund assets under management (AUM) slipped around 7% to $ 219 billion from $ 234.7 billion last week.
August flows are significantly lower than July, when crypto ETFs Attracted a record of $ 12 billion In the middle of a 15-week flow of flow.
Compared With $ 22.4 billion in the YTD flow on September 2, 2024, YTD currents of $ 35.5 billion represent 58%increase. The Crypto Funds’ Aum moved 165% at the same time.
Despite the ongoing flow of crypto funds, Bitcoin has seen $ 301 million in the month-to-date flow until Saturday, while the Ether ETP has captured nearly $ 4 billion, or more than 91% of August’s total flow.
