Analyst Edgy - The DeFi Edge reported that in August, Bitcoin ETFs attracted approximately $3.54 billion, while Ethereum ETFs drew around $1.84 billion. During the trading week of August 24–28, SOL ETFs saw net inflows of $142.7 million, XRP ETFs $110.5 million, and HYPE ETFs $56.8 million, totaling approximately $310 million—demonstrating demand beyond BTC and ETH. However, in the following week, from August 31 to September 4, SOL net inflows dropped sharply to $4.9 million, HYPE to $12.3 million, while Bitcoin ETFs continued to attract $987 million over the same period. Analysts noted that fund inflows into altcoin ETFs have not yet established a sustained trend, and whether they can maintain stable capital attraction over the next month remains a key metric to watch.
Analyst: Demand for Altcoin ETFs Exists, But Has Not Yet Been Sustained
TechFlowShare
Summary
Altcoin news shows mixed demand, with SOL, XRP, and HYPE ETFs attracting $310 million between August 24–28. Latest altcoin updates reveal a sharp decline in inflows the following week. Bitcoin and Ethereum ETFs experienced stronger, more consistent flows in August. Altcoin ETFs lack sustained momentum, according to an Edgy analyst.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.