Crypto exchange-traded products recorded approximately 2.48 billion USD in inflows last week, overturning a prior outflow of 1.4 billion USD, as investor confidence returned, particularly in Ether, Bitcoin, Solana, and XRP.
Spot Ether ETPs were especially prominent, drawing 1.4 billion USD, while Bitcoin funds garnered 748 million USD. However, both experienced outflows on Friday, halting recent inflow streaks.
Despite 4.37 billion USD inflows in August, year-to-date asset management fell around 7% to 219 billion USD, reflecting the ongoing price volatility in the cryptocurrency market.
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