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Analysts: U.S. cryptocurrency ETFs raised $12.8 billion in July, setting a new historical record.
PANews, August 1st news, Bloomberg ETF analyst Eric Balchunas stated on the X platform that in July, U.S. crypto assets ETF raised $12.8 billion, setting a historical record for the best single month, attracting funds at a rate of $600 million per day, about twice the average level. Overall, its fundraising scale has surpassed any single ETF, even the strong VOO is hard to match. In addition, every ETF in this category (excluding converted trusts) has seen inflows, with contributions from Bitcoin and Ethereum being roughly equal.