Ethereum ETFs Dominate August, Surpassing Bitcoin in Investment Flows

Ethereum exchange-traded funds (ETFs) have seen a surge in investment in August, outpacing Bitcoin ETFs by nearly $4 billion. This trend began in mid-July when Ethereum prices rebounded against Bitcoin and gained double-digit percentages. Since then, Ethereum ETFs have consistently attracted more investors, logging $7.1 billion in net inflows compared to just $505 million for Bitcoin ETFs during the same period.