Analyst: US Cryptocurrency ETFs grossed $12.8 billion in July, setting a new historical high

Bloomberg ETF analyst Eric Balchunas stated on X platform that in July, US cryptocurrency ETFs earned $12.8 billion, setting a historical record for the best single month, absorbing funds at a rate of $600 million per day, about twice the average level. Overall, its fundraising scale exceeds that of any single ETF, even the strong VOO is difficult to match. In addition, each ETF in this category (excluding converted trusts) has an inflow of funds, with Bitcoin and Ethereum contributing equally.