Digital Asset Products See Sustained Demand Despite Market Volatility

Crypto investment vehicles recorded 【$1.9 billion】 in net inflows during the week ending July 26, marking 15 consecutive weeks of positive momentum. The figures come from CoinShares' weekly report, showing total assets under management (AUM) across crypto exchange-traded products (ETPs) now stand at a record 【$221.4 billion】.

Ether Products Steal the Spotlight

Ethereum-based funds dominated weekly inflows with 【$1.59 billion】—the second-largest weekly total ever recorded for Ether ETPs. This surge occurred despite ETH's price briefly dipping below 【$3,600】 last Thursday. Solana and XRP products followed with 【$311.5 million】 and 【$189.6 million】 inflows respectively.

Bitcoin Funds Experience Rare Outflows

——In a surprising reversal——, Bitcoin ETPs saw 【$175 million】 in net outflows, breaking a 12-day inflow streak. James Butterfill, CoinShares' Head of Research, suggests this divergence reflects anticipation around potential altcoin ETF approvals rather than signaling a full altcoin season.

Market Leaders Show Diverging Trends

BlackRock's iShares crypto ETFs led inflows at 【$1.56 billion】, though down sharply from the prior week's 【$4.3 billion】. Meanwhile, Fidelity extended its outflow streak to 【$123 million】. European issuer 21Shares emerged as the second-largest beneficiary with 【$80 million】 in new investments.

Year-to-Date Inflows Reach New High

The latest figures push 2025's total crypto product inflows to 【$29.5 billion】—surpassing December 2024's previous record. ——This growth persists despite Bitcoin's recent volatility——, with BTC prices testing 【$115,000】 support levels last week.

What's Driving the Altcoin Inflows?

Butterfill notes the inflows appear concentrated in assets with potential ETF prospects, observing minor outflows from Litecoin (【$1.2 million】) and Bitcoin Cash (【$0.7 million】). The data suggests investors may be positioning ahead of regulatory decisions rather than chasing broader altcoin momentum.