
$4,000,000,000 Flowed Into Ethereum ETPs in Just One Month As ETH Outperforms Bitcoin and Other Major Asset Classes: VanEck
Ethereum’s recent outperformance was accompanied by enormous flows into ETH exchange-traded products (ETPs), the asset manager VanEck reports. In a new market update, VanEck says that ETH ETPs pulled in $4 billion while Bitcoin saw $600 million in outflows in the month of August, helping to push BTC dominance down from 65% to 57%. “Ethereum ETP inflows continued in August, building on the network’s record-breaking institutional adoption in July. While dollar-denominated inflows declined from $5.5 billion in July to $4.0 billion in August, Ethereum still sharply diverged from Bitcoin, whose ETP inflows fell from $6.1 billion in July to -$600…








