Crypto Funds Pull $2.5B Inflows Amid Market Slump

     

Investors boost BTC, ETH, SOL and XRP products despite price declines

Cryptocurrency investment funds attracted nearly $2.5 billion last week, reversing the $1.4 billion in outflows from the previous week, according to CoinShares data. The surge came even as Bitcoin slipped below $108,000 after briefly topping $113,000, and Ethereum dropped under $4,300 from highs above $4,600.

Ether ETFs take the lead

Spot Ether ETFs dominated inflows, securing $1.4 billion, while Bitcoin funds trailed with $748 million. Both assets, however, saw outflows on Friday, ending multi-day streaks. Solana and XRP also gained traction, bringing in $177 million and $134 million, respectively, amid speculation over future US ETF approvals.

Mixed picture for August performance

Despite $4.37 billion in net August inflows, crypto funds’ assets under management slipped 7% to $219 billion. Bitcoin recorded $301 million in monthly outflows, while Ether captured nearly $4 billion, accounting for more than 90% of total inflows. Year-to-date, inflows reached $35.5 billion, a 58% jump compared with the same period in 2024.