The global digital asset markets are heating up again, with inflows into Bitcoin and Ethereum ETFs exceeding $2.48 billion.
Inflows into Bitcoin and Ethereum ETFs
According to CoinShares’ weekly report, digital assets saw $2.48 billion in inflows, indicating significant growth in investor interest. In August alone, total inflows reached $4.37 billion, pushing year-to-date totals to $35.5 billion.
Attention towards Solana and Cardano
Solana (SOL) continues to attract attention, with inflows of over $88 million in just three days, reducing selling pressure. Cardano (ADA) is awaiting the SEC's decision on its proposed ETF, now delayed until October 26, 2025. Analysts suggest ADA could reach $1.18 if the ETF is approved.
New Altcoins on the Horizon
Among new altcoins, MAGACOIN FINANCE is gaining investor interest as it emphasizes transparency and community. NEAR Protocol is also making strides with recent upgrades and partnerships, enhancing its market value.
Given the inflows into Bitcoin and Ethereum, as well as interest in altcoins like SOL, ADA, and MAGACOIN FINANCE, traders should consider diversification opportunities.