ETH Leads Institutional Inflows After August 5th Crash! 🚀

- CoinShares Report: Crypto Investment Product Inflows Hit $176M in Week Ending August 11th.

- ETH Attracts $155M, 88% of Total Inflows, Bringing Year-To-Date Total to $862M.

- US ETH Spot ETF Sees Positive Inflows of $105M in First Week Since Launch in Late July.

- Bitcoin ETPs Attract Only $13M, While Outflows This Month Are $366M.

- Short Bitcoin ETPs See Largest Outflows Since May 2023, Dropping AUM to Yearly Low.

- Multi-Asset and Altcoin Funds See $18.3M Inflows.

Crypto Markets Recover 20% from Crash, Total Market Cap Reaches $2.2T on August 13th ETH price increased by 23% to above $2,700, BTC increased by 19% to nearly $50,000.

What do you think about this trend? Comment and share! 💬