TL;DR
- Crypto investment products logged a whopping $3.7 billion in net inflows last week, the second-largest ever, pushing total AuM above $211 billion and extending a 13-week positive streak.
- Bitcoin led with $2.7 billion of new capital, lifting its AuM to $179.5 billion (on par with 54% of gold ETPs), while Ethereum notched its 12th straight week of inflows with $990 million.
- US funds accounted for the entire $3.7 billion, Germany saw $85.7 million exit, and among altcoins Solana took in $92.6 million as XRP faced $104 million in outflows.
Crypto investment products attracted a staggering $3.7 billion in net inflows last week, marking the second-largest weekly haul on record and propelling total assets under management (AuM) above the $200 billion mark for the first time. This increase continues a 13-week trend of positive inflows, raising the year-to-date total to about $22.7 billion.
Crypto trading volumes also spiked, with ETP turnover hitting $29 billion, more than double the weekly average seen earlier this year, and July 10 alone delivering the third-largest single-day inflow in history.
Bitcoin Dominates with $2.7 Billion Inflows
Bitcoin once again reigned supreme, claiming $2.7 billion of last week’s crypto inflows and lifting its total AuM to $179.5 billion. This milestone now positions Bitcoin-based ETPs to match 54% of the total value held in Gold ETPs, highlighting the idea of Bitcoin as “digital gold.” Notably, products designed to bet against Bitcoin saw almost no movement, reflecting a broadly bullish stance among institutional and retail investors alike.
Ethereum’s Consistent Momentum
Ethereum maintained its successful streak, recording its 12th straight week of inflows with $990 million entering ETH-related investment products, marking its fourth-highest weekly intake to date. Cumulatively, Ethereum’s 12-week inflows represent nearly 19.5% of its AuM, outpacing Bitcoin’s 9.8% over the same stretch. Investors point to shrinking exchange reserves and robust DeFi activity as catalysts fueling confidence in Ethereum’s long-term upside.
Regional Trends and Altcoin Divergence
Geographically, the United States dominated capital flows, accounting for the entire $3.7 billion inflow, while Germany saw outflows of $85.7 million amid profit-taking and regulatory headwinds. Switzerland and Canada posted modest inflows of $65.8 million and $17.1 million, respectively.
Beyond the two blue-chip tokens, Solana bucked the mixed sentiment with $92.6 million in fresh inflows, whereas XRP suffered the week’s largest outflows at $104 million, highlighting shifting interests among altcoin investors.
As crypto funds hit new highs and institutional adoption deepens, the latest data cement a narrative of maturation and broadening confidence in digital assets, setting the stage for further growth as trading desks and fund managers sharpen their focus on this fast-evolving market.
