Overview

• Cryptocurrency investment products recorded $1.9 billion in inflows last week, marking the 15th consecutive week of positive net flows and pushing July’s total to $11.2 billion.
• Ether-focused products led gains with $1.59 billion of weekly inflows, their second-largest on record, lifting year-to-date inflows to $7.79 billion and surpassing full-year 2024 totals.
• Spot Ethereum ETFs have amassed over $9.3 billion in July, and BlackRock’s iShares Ethereum ETF recently exceeded $10 billion in assets under management.
• Bitcoin funds experienced $175 million in outflows last week as capital rotated into altcoins, with Solana and XRP attracting $311 million and $189 million respectively.
• The United States accounted for $2 billion of inflows this month, while Germany saw modest gains and Hong Kong, Canada and Brazil recorded net outflows.