Digital asset investment products experienced significant net inflows of $4.37 billion in August, according to CoinShares' latest data. This brings the total year-to-date inflows to $3.55 billion, despite a 10% decline in assets under management to $219 billion. Last week alone, net inflows reached $2.48 billion, with the United States contributing $2.29 billion.
Ethereum led the inflows with $3.95 billion for the month, overshadowing Bitcoin's net outflow of $301 million. Solana and XRP also saw substantial inflows of $177 million and $134 million, respectively, driven by expectations for U.S. ETFs. Other countries like Switzerland, Germany, and Canada contributed $109 million, $69.9 million, and $41.1 million, respectively, to the weekly inflows.
Digital Asset Funds Attract $4.37 Billion in August Inflows, Led by Ethereum
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