Crypto Funds Flooded with $3.2 Billion in Largest Weekly Inflow Since 2025
The crypto market has seen a significant influx of funds in August, with $3.2 billion flowing into crypto funds last week alone. This marks the biggest weekly inflow since October 2025 and follows a bullish tone set for the month.
The majority of this investment went towards BlackRock's IBIT, which attracted $928 million in the past week after receiving an additional $1.3 billion the week before. This brings the total to over $2.2 billion in just two weeks.
Other altcoin ETFs, including Ethereum [ETH], Solana [SOL], XRP, Hyperliquid [HYPE], and Dogecoin [DOGE], continued their inflow streak, with some even seeing increased interest. This trend suggests that investors may be shifting towards these assets before the September effect.
Scott Melker, known as 'The Wolf of All Streets,' noted that the bid has rotated rather than reversed, indicating a potential shift in investor sentiment.