Yahya 
Following the market collapse on August 5, institutional investors turned mainly to Ethereum exchange-traded products (ETPs). Published on Aug. 12, Coin Shares’ monthly Digital Asset Fund Flows report indicates that Ether funds took the stage with products for crypto asset investment seeing inflows of $176 million for the week ending Aug. 11.
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.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.