Bitcoin Treasuries Add $5B Despite Slowed Corporate Buying August

Bitcoin ETFs have experienced a significant surge, with $1.2 billion in inflows signaling strong institutional interest as Bitcoin reached a new all-time high of over $124,000. Ethereum and XRP continue to dominate analyst attention, with Ethereum ETFs recording a record $1.01 billion in net inflows, outpacing Bitcoin ETFs. Meanwhile, corporate Bitcoin accumulation slowed in August, with treasury entities adding 47,718 BTC compared to over 100,000 BTC in July, possibly explaining Bitcoin's price decline from its mid-August peak. Despite this slowdown, public company Bitcoin holdings surpassed 1 million BTC for the first time, highlighting ongoing institutional involvement. As Bitcoin's momentum cools, analysts note the potential for an altcoin season, spotlighting projects like MAGACOIN FINANCE, Mutuum Finance, and Solana, which are gaining traction due to their innovative features and growing ecosystems. This shift suggests that while Bitcoin remains the crypto market's reserve asset, smaller projects may soon capture increased capital and deliver significant returns.