US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August
August sees Ethereum's allure grow with $3.95 billion in inflows, dwarfing Bitcoin's outflows.
Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
Bitcoin’s red month is a recurring theme each September, as traders and investors watch crypto’s next big move.
The hype brought millions; now DeFi must keep them.
Before this surge, Ethereum ETFs had recorded negative $400 million year-to-date flows, amounting to approximately $2.5 billion.
Bitwise sees Solana as next potential juggernaut to hit fresh highs as institutional demand ramps up amid easing regulatory landscape.
Potential rate cuts in September and crypto ETF approvals in October add to the bull case.
With daily inflows eclipsing issuance, spot funds could fuel sharp rallies.