Bitcoin regained its lead in the crypto ETF market in late August, drawing $440.71 million in new investments. This influx follows a previous $1.17 billion outflow, bringing Bitcoin's total net intake to $54.24 billion. In contrast, Ethereum ETFs saw a significant drop, adding only $1.08 billion compared to $2.85 billion earlier in the month.
Despite Ethereum's temporary surge, Bitcoin's dominance remains strong, with institutional investors continuing to favor it as a core asset. The recent inflow highlights Bitcoin's enduring appeal, even as altcoins gain market share, with Bitcoin's market cap dominance now at approximately 58%.
Bitcoin Attracts $440M Inflows, Outpaces Ethereum in August ETF Market
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