Crypto ETFs Draw Record Institutional Inflows Amid Market Volatility
Institutional demand for crypto ETFs is growing rapidly, with U.S. spot Bitcoin ETFs attracting $217 million on August 31, led by BlackRock's IBIT.
Ethereum ETFs have seen an 11-day buying streak, pulling in about $88 million.
Solana's Bitwise Solana Staking ETF (BSOL) has surpassed $1 billion in assets under management just 10 months after launch.