Bitcoin, Ethereum ETF Inflows Near $2.16B as AVAX and TRX Dominate Rotational Trades
The post Bitcoin, Ethereum ETF Inflows Near $2.16B as AVAX and TRX Dominate Rotational Trades appeared on BitcoinEthereumNews.com.
Digital assets attracted billions in new inflows last week, with Bitcoin and Ethereum ETFs leading the way. Avalanche (AVAX) and Tron (TRX) stood out in rotational trades, while MAGACOIN FINANCE gained traction as analysts flagged it as a fresh altcoin pick for those seeking diversification after missing earlier Bitcoin and Ethereum momentum. Bitcoin and Ethereum ETFs Drive $2.16B Inflows According to CoinShares, digital asset funds recorded $2.48 billion inflows last week, lifting August totals to $4.37 billion and bringing year-to-date inflows to $35.5 billion. However, overall assets under management slipped 10% to $219 billion as Friday’s U.S. inflation data spurred short-term profit-taking. The United States led with $2.29 billion in inflows, supported by activity in Switzerland, Germany, and Canada. While Friday’s outflows signaled cautious sentiment, the week as a whole reflected strong ETF-driven demand. Ethereum outshined Bitcoin, recording $1.4 billion inflows compared to Bitcoin’s $748 million. For August, Ethereum gathered nearly $3.95 billion, while Bitcoin recorded outflows of $301 million. Analysts suggest that traders are rotating allocations into Ethereum due to optimism around U.S. ETF approvals. Meanwhile, Solana and XRP also benefited, attracting $177 million and $134 million, underscoring a wider spread of institutional demand across altcoins. Avalanche AVAX Maintains Market Interest Avalanche (AVAX) has seen active engagement despite recent price pullbacks. The token surged nearly 25% in early August, before cooling near the $23–$27 range. At press time, AVAX trades around $23, maintaining a slim monthly gain. On-chain data shows Avalanche processed nearly 12 million transactions, a 66% surge that reflects growing ecosystem activity. While active addresses dipped 13% week-on-week, stronger engagement among its most active participants signals healthy adoption. The derivatives market also indicates confidence, with open interest at $877 million and traders showing willingness to keep positions open. Market observers continue to watch for a breakout above…
Filed under: News - @ September 7, 2025 12:25 am