Digital assets funds saw inflows of $2.48bn last week, lifting August inflows to $4.37bn and YTD flows to $35.5bn, though AUM slipped 10% to $219bn, according to a the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The US led with $2.29bn, while Switzerland, Germany, and Canada also saw gains, suggesting simple profit-taking behind Friday’s outflows.
Ether led with $1.4bn versus bitcoin’s $748m; for August, ether added $3.95bn while bitcoin lost $301m. Solana and XRP meanwhile, were both boosted by US ETF optimism.
