Analyst: US cryptocurrency ETFs attracted $12.8 billion in July, setting a record high

PANews reported on August 1st that Bloomberg ETF analyst Eric Balchunas stated on the X platform that US cryptocurrency ETFs attracted $12.8 billion in July, setting a record for the best single month ever. The funds attracted were $600 million per day, about double the average. Overall, this attracted more funds than any other single ETF, even the powerful VOO. Furthermore, every ETF in the category (excluding converted trusts) saw inflows, with Bitcoin and Ethereum contributing equally.
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