Digital Asset Inflows Hit $3.7B in Second-Biggest Week Ever, Pushing Total AuM to $211B: Coinshares
Digital asset investment products recorded a staggering US$3.7 billion in inflows last week, marking the second-largest weekly total in history, according to CoinShares analyst James Butterfill. In a blog post the analys...
Digital asset investment products recorded a staggering US$3.7 billion in inflows last week, marking the second-largest weekly total in history, according to CoinShares analyst James Butterfill.
In a blog post the analyst reports the surge in capital drove total assets under management (AuM) across crypto exchange-traded products (ETPs) to an all-time high of US$211 billion.
Trading activity also intensified, with ETP volumes reaching US$29 billion—double the year’s weekly average.
Butterfill notes that July 10 alone saw the third-largest daily inflow on record, showing intensifying institutional appetite and reinforcing the bullish sentiment that has sustained 13 consecutive weeks of net inflows.
Bitcoin and Ethereum Lead the ChargeBitcoin remains the dominant asset of choice, attracting US$2.7 billion in inflows, raising its total AuM to US$179.5 billion. This milestone means that Bitcoin ETPs now account for 54% of the value held in gold exchange-traded products, underscoring the asset’s growing stature as digital gold.
Despite the rally, short bitcoin products recorded little activity, suggesting a prevailing bullish bias. Ethereum also made headlines, securing its twelfth straight week of positive flows.
With US$990 million added last week alone—the fourth-highest weekly figure on record—Ethereum’s 12-week cumulative inflows now represent 19.5% of its AuM, outpacing Bitcoin’s 9.8% over the same period.
According to Butterfill, this indicates a growing investor conviction in Ethereum’s long-term fundamentals.
Regional Divergence and Altcoin TrendsRegionally, the United States dominated flows with the entirety of the US$3.7 billion weekly inflow.
Meanwhile, Germany experienced notable outflows of US$85.7 million, pointing to possible regional profit-taking or shifting regulatory sentiment. Switzerland and Canada bucked the trend, posting moderate inflows of US$65.8 million and US$17.1 million, respectively.
Among altcoins, Solana stood out with US$92.6 million in inflows, reinforcing its position as a favored layer-1 bet outside of Ethereum. In contrast, XRP suffered the largest weekly outflows at US$104 million, hinting at waning investor confidence or reactionary moves following recent price action.
Butterfill emphasized that despite some mixed altcoin performance, the sustained capital inflow across the broader market is a strong indicator of renewed institutional and retail engagement in the digital asset sector.
The post Digital Asset Inflows Hit $3.7B in Second-Biggest Week Ever, Pushing Total AuM to $211B: Coinshares appeared first on Cryptonews.
Original source
Read on CryptonewsRelated market context
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confid...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals
TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered d...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...