Crypto ETFs See Record Inflows Amid Nine-Day Streak
Crypto ETFs recorded significant inflows on August 27, with Bitcoin and Ether funds extending their positive streaks to nine consecutive trading days. Spot Bitcoin ETFs generated $242.3 million of net inflows, with BlackRock's IBIT dominating the market with $277.6 million of inflows.
Bitcoin ETF cumulative net inflows have reached approximately $54.9 billion. Ether and Solana demand accelerated, with Farside recording $225.8 million of net inflows on August 27. BlackRock's ETHA led with $130.2 million, while its newer ETHB product attracted $20.7 million.
Solana produced a sharp rebound, with SoSoValue recording $60.91 million of SOL ETF inflows compared to just $3.6 million on August 26. Bitwise's BSOL accounted for $40.20 million, taking its cumulative net inflows above $1 billion.
XRP and Hyperliquid kept altcoin flows positive, with XRP ETFs adding another $18.47 million. Cumulative XRP ETF inflows have now reached approximately $1.64 billion.