Crypto Funds Attract Record $3.2 Billion Inflow Amid Shift from Bitcoin to Altcoins
The crypto market has seen a significant influx of funds in August, with last week's $3.2 billion inflow being its biggest weekly inflow since October 2025.
This surge in investment comes as investors are putting large amounts of money into both crypto and gold funds simultaneously.
BlackRock's IBIT was a standout performer, attracting $928 million after receiving an additional $1.3 billion the week before, bringing its total to over $2.2 billion in two weeks.
Others altcoin ETFs, including Ethereum [ETH], Solana [SOL], XRP, Hyperliquid [HYPE], and Dogecoin [DOGE], also continued their inflow streak.