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Bitcoin funds took in $986.85M, their third straight week of inflows, while ether, XRP, solana and H

Bitcoin funds took in $986.85M, their third straight week of inflows, while ether, XRP, solana and H
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U.S. crypto exchange-traded funds pulled in about $1.24 billion in net inflows during the week of Aug. 31 to Sept. 4, with bitcoin funds doing most of the heavy lifting. Bitcoin ETFs alone drew $986.85 million, accounting for 79% of the total. It was the third straight winning week for bitcoin funds.

Bitcoin's 79% slice

The $986.85 million figure is the largest single-week inflow for bitcoin ETFs in recent weeks, though the data doesn't break out the exact number for the week. The 79% share leaves little room for other assets, but they still finished in the green.

The rest of the field

Ether, XRP, solana, and HYPE products all ended the week with positive net inflows. The numbers for those funds weren't broken out, but the fact that they finished positive suggests demand isn't limited to bitcoin alone.

Three weeks and counting

The third straight week of inflows for bitcoin ETFs is a modest streak, but it's a streak nonetheless. After a rough patch earlier in the year, steady accumulation is a welcome change for fund issuers.

The next weekly data will show whether the streak extends to four weeks.