Institutional capital is flowing into cryptocurrency exchange-traded funds at a pace that suggests the market’s appetite has expanded well beyond a single flagship asset. Bitcoin funds snapped back from a one-day pullback, Ethereum products extended their longest buying streak in more than a year, and a Solana ETF became the first of its kind to cross a major asset threshold.

Spot Bitcoin ETFs in the United States pulled in roughly $217 million in net inflows on August 31, recovering from the approximately $202 million that exited during the prior session, according to data compiled by Farside Investors and SoSoValue. BlackRock’s iShares Bitcoin Trust, trading under the ticker IBIT, accounted for $205.9 million of Monday’s total,…