#ETH Breaks $4,600#

Half of the 20 most successful ETFs in the USA are related to cryptocurrencies.
Since January 2024, 1300 new funds have appeared in the US market. The most successful in terms of raised capital were instruments based on digital assets. The list includes:
iShares Bitcoin Trust ETF (IBIT) from BlackRock — $57.4 billion;
Fidelity Wise Origin Bitcoin Fund (FBTC) — $12.1 billion;
iShares Ethereum Trust (ETHA) — $9.6 billion;
Bitwise Bitcoin ETF Trust (BITB) — $2.3 billion;
Fidelity Ethereum Fund ETF (FETH) — $2.2 billion
ARK 21Shares Bitcoin ETF (ARKB) — $2.2 billion;
Grayscale Bitcoin Mini Trust ETF (BTC) — $1.6 billion;
2x Ether ETF (ETHU) — $1.6 billion;
Defiance Daily Target 2x Long MSTR ETF (MSTX) — $1.5 billion.
YieldMax MSTR Option Income Strategy (MSTY) also made it to the top with a total inflow of $7.2 billion. This fund is not directly related to cryptocurrencies but is linked to the stock strategy of Michael Saylor, which actively invests in Bitcoin.
In July, spot Ethereum ETFs set a record for monthly capital inflow. The figure reached a record $5.4 billion.
Since the beginning of August, the inflow of funds into the funds amounted to $1.19 billion, of which $1.02 billion came on August 11 — a record figure for a single day. At the time of writing, $25.71 billion is under the management of ETH-ETFs — 4.77% of the supply of the second largest cryptocurrency.
In July, Bitcoin ETFs attracted $6.02 billion. In August, the situation changed: in the first week of the month, over $643 million was withdrawn, so the overall monthly inflow is currently negative. Over the last 14 days, a total of $424.8 million has flowed into Bitcoin ETFs.
I would like to remind you that some of the most prestigious educational institutions in the USA — Harvard and Brown University — reported purchases of shares in exchange-traded funds based on the first cryptocurrency.