Last week saw a significant surge in digital asset inflows, reaching $2.48 billion. This strong influx was driven primarily by Ethereum, which received $1.4 billion in investments, nearly double the amount directed towards Bitcoin ($748 million). Despite a drop in assets under management (AUM) of 10%, reflecting market volatility, this wave of investment activity continues to bolster institutional interest and drive investor confidence. In August alone, Ethereum garnered US$3.95 billion in inflows, exceeding Bitcoin’s August outflows of US$301 million, signifying a possible shift in market sentiment. While the reasons for Ethereum’s surge are complex and may include increased activity in DeFi, upcoming protocol upgrades, or broader investor expectations related to Ethereum-based applications, this trend highlights the growing prominence of the cryptocurrency.