Crypto Inflows Hit $2 Billion as Ethereum Outshines Bitcoin
Crypto inflows extended the multi-week streak of positive flows, pushing month-to-date flows to $11.2 billion.
Ethereum (ETH) led the flows, with altcoins outperforming Bitcoin (BTC), which recorded significant outflows.
Ethereum Leads Crypto Inflows as Altcoin ETF Speculation Builds
The latest CoinShares report indicates that crypto inflows reached $1.908 billion last week, a significant increase from the week ending July 19, which recorded $1.049 billion.
This drop came as Bitcoin bucked the trend, recording $175 million in negative flows. Meanwhile, Ethereum extended its lead, with $1.594 billion inflows last week.
CoinShares head of research James Butterfill records this as Ethereum’s second-largest week…
