Crypto investment products smash records with unprecedented inflows as institutional capital floods Bitcoin ETFs, signaling growing mainstream adoption amid favorable regulatory conditions.
Crypto investment products attracted $3.7 billion in weekly inflows – the second-largest on record – pushing total assets under management (AUM) to an unprecedented $211 billion. The surge included a single-day inflow of $1.1 billion on July 10, marking the 13th consecutive week of net inflows that have totaled $21.8 billion since the streak began.
Bitcoin ETFs dominated with $2.7 billion in weekly inflows, representing 73% of all investments. BlackRock’s iShares Bitcoin ETF (IBIT) now holds over $90 billion in AUM alone, while the broader Bitcoin ETF market saw $2.21 billion flow in during just two days (July 10-11) – the largest two-day total since their January 2024 launch.
Ethereum products followed with $990 million in inflows, their fourth-largest weekly total, while Solana attracted $92.6 million. Notably, XRP saw $104 million in outflows despite maintaining $231 million in year-to-date inflows. Trading volumes doubled the annual average at $29 billion for the week, reflecting heightened institutional activity.
📌 4. Footer / Disclaimer
CryptoFeedHub Note: This article is a rewritten summary based on external reporting. Original source: CryptoSlate.