Ethereum Drives $3.75 Billion Inflow Week for Digital Assets, According to CoinShares
Record Inflows: Digital asset products saw inflows of $3.75 billion last week, marking the fourth-largest weekly total and bringing assets under management to a record high of $244 billion as of August 13.
Regional Contributions: The majority of inflows came from the United States at $3.73 billion, with smaller contributions from Canada ($33.7 million), Hong Kong ($20.9 million), and Australia ($12.1 million), while Brazil and Sweden experienced outflows.
Ethereum Dominance: Ethereum led the inflows with $2.87 billion, accounting for 77% of the total, and has reached year-to-date inflows of $11 billion, significantly surpassing Bitcoin's inflows of $552 million.
Other Notable Assets: Solana and XRP also saw significant inflows of $176.5 million and $125.9 million respectively, while Litecoin and Ton recorded minor outflows.
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