Crypto
Ethereum Surpasses Bitcoin as Global Crypto ETP Inflows Rebound
In July, global crypto ETP inflows rebounded to $515.9 million after June's correction, bringing total assets under management to $117.5 billion from $108.6 billion.
The recovery was driven by US-listed vehicles, which recorded net inflows of $429.0 million after June's $4.46 billion in redemptions, while European markets and Canada added momentum.
Ethereum-linked products led the way with $318.7 million in net inflows, outpacing bitcoin for the first time in several months, according to TrackInsight data.