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US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August – TON BOT

US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August

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Global crypto investment products saw a positive turnaround last week with $2.48 billion in net inflows. This pushed August’s total net inflows to $4.37 billion and year-to-date commitments to $35.5 billion. Ethereum attracted the most capital, with $1.4 billion in new investments, signaling a tactical shift away from Bitcoin. Other altcoins like Solana and XRP also saw significant inflows. US-based crypto investment products led the way in investments, with other countries following suit. The dip on Friday was seen as short-term profit-taking rather than a deeper retracement.

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