About 88% of the total, Ether money received last week amounted to $155 million. With $150 million in inflows in August so far, this tremendous performance also shown itself monthly. With $862 million, the greatest sum since 2021, Ether funds year-to- date demonstrate inflows. Coin Shares clarified this rise in view of the recent launch of U.S. spot-based Ether ETFs.

Bitcoin and Altcoin Funds See Mixed Results

While Bitcoin ETPs saw more modest gain, Ethereum ETPs dominated the inflows. With month-to– date outflows of $366 million, Bitcoin funds managed only $13 million in inflows for the week. Fascinatingly, short Bitcoin ETPs saw their largest withdrawals—$16 million—which reduced the assets under management (AUM) for short positions to their lowest level since the start of the year, therefore indicating a significant investor exodus.

Multi-asset and altcoin funds also outpaced Bitcoin ETPs with inflows of $18.3 million all through the period. The overall AUM of institutional investment products recovered up to $85 billion after the market slump lost more than $20 billion in value.

Crypto markets have over 20% recovered from the Aug. 5 fall; entire market worth as of Aug. 13 is $2.2 trillion. ETH prices have regained 23%; now they trade above $2,700, having dropped below $2,200. By comparison, BTC has recovered almost 19% after its fall below $50,000.

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