Binance Report: Crypto Market Cap Up 17.6% to $2.7 Trillion in August, ETF Monthly Inflows Hit Year-to-Date High

September 7 news: Binance Research released its monthly report showing that the total crypto market capitalization rose 17.6% in August to $2.70 trillion, with ETF monthly inflows hitting a year-to-date high. Bitcoin's seven-day gain reached 24.8%, ranking in the top 1% of weekly gains since 2020. In terms of investor behavior, the crypto allocation ratio among stock holders rose from 64% to 72%, stablecoin allocations fell 22%, and the share of traditional finance perpetual contract trading volume dropped from 40% to 20%. Users increased crypto exposure using available funds, and trading volume sentiment has shifted back to crypto trading pairs. Weekend TradFi perpetual contract trading volume reached $53 billion in August, up nearly 12-fold since January. The Anthropic-related pre-IPO market surged ahead of the listing, reaching a valuation of $1.9 trillion by month-end.