Crypto ETPs See Record $4.4B Inflows as Bitcoin and Ether Surge

Crypto investment products saw record-breaking inflows last week, marking the 14th consecutive week of gains for crypto ETPs. According to CoinShares, global crypto ETPs recorded $4.4 billion in inflows for the trading week ending Friday, driven by strong market momentum and renewed investor interest. The inflows came as Bitcoin surged past $122,000 for the first time on July 14, before pulling back to an intraweek low of around $116,000 and closing the week near $120,000, data from CoinGecko showed. With the latest gains, year-to-date inflows in crypto ETPs reached a new high of $27 billion, while total assets under management in crypto ETPs crossed $220 billion for the first time. Ether ETPs Hit Record Inflow Ether-focused investment products were a major contributor to the latest inflows, with Ether ETPs posting double their previous weekly record at $2.12 billion. The year-to-date inflows for Ether ETPs reached $6.2 billion, surpassing the total inflows recorded for 2024, according to CoinShares’ head of research James Butterfill. The surge in inflows coincided with ETH crossing $3,500 for the first time since early January, a significant recovery from April’s lows when ETH dropped below $1,500 amid market pressure . Butterfill noted that the past 13 weeks of consistent inflows now represent 23% of Ethereum’s assets under management in ETPs, indicating a strong return of investor confidence in Ether as market conditions improved. Bitcoin and Altcoins Maintain Momentum Despite Minor Outflows Bitcoin ETPs also maintained solid inflows, recording $2.2 billion last week, which accounted for 50% of total crypto ETP inflows. The resilience in Bitcoin inflows came even as BTC hit new all-time highs, contrasting with the brief slowdown seen earlier in July as investors grew cautious at higher price levels. Other altcoins such as Solana, XRP, and Sui also saw notable inflows of $39 million, $36 million, and $9.3 million, respectively, reflecting broader interest across the crypto sector. Despite the strong overall inflows, some US issuers recorded minor outflows during the week. Cathie Wood’s ARK Invest led the losses, posting $120 million in outflows, including an $8.7 million sell-off from its ARK 21Shares Bitcoin ETF (ARKB). Fidelity Investments and ProShares experienced outflows of $49 million and $25 million, respectively, while CoinShares recorded minor outflows of $25 million, adding to $18 million in outflows from the previous week. The continued strength in crypto ETP inflows, paired with Bitcoin and Ether’s market resilience, signals sustained institutional interest in crypto assets despite minor corrections and profit-taking, setting a strong foundation for the coming months in the crypto investment landscape. The post Crypto ETPs See Record $4.4B Inflows as Bitcoin and Ether Surge appeared first on TheCoinrise.com .

Source: The Coin Rise