Crypto News: Crypto Funds Post Record $4.4B Weekly Inflows as Ether ETPs Surpass 2024 Totals
Key Takeaways:Weekly inflows into crypto ETPs hit an all-time high of $4.4BEther ETPs saw $2.12B inflows, surpassing 2024's total with $6.2B YTDBitcoin funds drew $2.2B, making up 50% of weekly inflowsTotal crypto ETP AUM surpassed $220B for the first timeSolana, XRP, and Sui also saw notable inflowsU.S. issuers like ARK and Fidelity faced $200M in combined outflowsCrypto investment products recorded a historic $4.4 billion in weekly inflows, marking the 14th consecutive week of gains and setting a new all-time record, according to a report from CoinShares published Monday.The surge in inflows coincided with Bitcoin (BTC) briefly topping $122,000 on July 14 before dipping to $116,000 and closing the week around $120,000, according to CoinGecko. Despite price swings, investor demand for crypto exposure through regulated exchange-traded products (ETPs) remains strong. Ethereum price chart in the past year. Source: CoinGecko Ether ETPs Lead with Historic InflowsEther (ETH) ETPs were the week's standout performers, drawing in $2.12 billion—double their previous record—and pushing year-to-date (YTD) inflows to $6.2 billion, exceeding all of 2024, noted CoinShares’ head of research James Butterfill.ETH rallied past $3,500 for the first time since January, recovering from April lows under $1,500. The 13-week run of inflows now represents 23% of Ethereum’s total AUM, signaling strong institutional interest ahead of anticipated Ethereum ETF growth.Bitcoin ETPs Remain ResilientBitcoin ETPs attracted $2.2 billion in inflows, comprising 50% of total weekly flows. Analysts noted that while BTC hit new highs last week, inflows remained consistent, suggesting institutional accumulation continues despite price nearing historic peaks.Altcoin ETPs Also See GrowthAlternative crypto ETPs also posted healthy inflows:Solana (SOL): $39 millionXRP: $36 millionSui (SUI): $9.3 millionThese figures suggest broader diversification within institutional portfolios beyond BTC and ETH.U.S. Issuers See Net Outflows Despite Market MomentumDespite the bullish momentum, some U.S.-based issuers saw combined outflows of $200 million. Notably:ARK Invest posted $120 million in outflows, led by the ARK Next Generation Internet ETF selling $8.7M worth of ARKB (ARK 21Shares Bitcoin ETF)Fidelity Investments and ProShares saw $49M and $25M in outflows, respectivelyEven CoinShares, the report's publisher, recorded $25 million in net outflows in the same periodThese outflows contrast the broader trend and may reflect portfolio rebalancing or profit-taking by select issuers.Conclusion:With crypto ETP AUM surpassing $220 billion and Ethereum leading inflows, institutional engagement with digital assets is clearly accelerating. The data underscores the shift from speculative cycles to a more mature, ETF-driven financial structure within crypto markets.
