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Crypto funds have a bad surprise with Ether: 5 altcoin funds in the positive...
Coinshares announced its weekly crypto fund report. Ether funds, which ended August with a significant lead against Bitcoin, finished the first week of September with nearly 1 billion in sales. While Ether funds closed the week with an outflow of 912 million, they were also in the negative over the last 7 trading days. On the other hand, Bitcoin funds were up by 524 million.
Altcoin funds also closed the week positively alongside Bitcoin. Despite the negative non-farm payroll data from the US and the markets now viewing a rate cut at the Fed's meeting on September 17 as a certainty, it did not go unnoticed that the funds generally posted a negative performance.
The report from Coinshares also stated that trading volumes saw a decrease of 27% compared to the previous week.
Solana closed the week strong with net investments of 16.1 million and XRP with 14.7 million, but both cryptocurrencies had received over 100 million in investments the previous week.
CRO funds, which announced partnerships and agreements with Trump companies, saw a net inflow of 300 thousand, Chainlink funds saw 100 thousand, and SUI funds saw 600 thousand dollars. Cardano had an outflow of 400 thousand dollars in the (ADA) funds.
Published: September 8, 2025 16:31Last Updated: September 8, 2025 16:42