Crypto market cap jumps 17.6% in August as ETF inflows hit 2026 high

Global cryptocurrency market capitalization rose 17.6% from a month earlier to $2.7 trillion in August, according to Binance Research’s monthly market report. The report said crypto ETFs saw their largest inflows of the year in August. BTC rose 24.8% on a recent weekly basis, placing the gain in the top 1% of weekly advances since 2020, while cryptocurrencies also took up a larger share of investor portfolios. Among users holding stocks, the crypto share of portfolios increased to 72% from 64%, while the stablecoin share fell 22%. The share of perpetual futures trading volume tied to traditional finance, or TradFi, assets shrank to 20% from 40%.