Crypto products attracted $3.75 billion in inflows last week, the fourth-largest weekly total on record, driving assets under management to an all-time high of $244 billion as of August 13 according to asset manager CoinShares.
Almost all of last week’s net inflows were concentrated in iShares products, specifically ETHA.
Regionally, the United States recorded $3.73 billion of the total inflows. Canada saw $33.7 million, Hong Kong $20.9 million, and Australia $12.1 million in positive flows. Brazil and Sweden experienced outflows of $10.6 million and $49.9 million, respectively.
Ethereum continued to dominate fund flows, drawing $2.87 billion—77% of the weekly total inflows—and lifting year-to-date inflows to a record $11 billion, far outpacing Bitcoin on a proportional basis.
Bitcoin saw more modest inflows of $552 million. Other notable inflows included Solana with $176.5 million and XRP with $125.9 million, while Litecoin and Ton registered small outflows of $0.4 million and $1 million respectively.
Read More: Approval for 401(k) crypto allocations drives $572 million inflows: CoinShares
