CoinShares: Weekly Inflows into Ethereum Funds Reach $1.6 Billion

Between July 19 and 25, cryptocurrency funds attracted $1.9 billion. The inflow since the start of the month reached a record $11.2 billion, surpassing the previous peak of $7.6 billion, according to a report by CoinShares. 

Investment inflows into crypto funds have continued for fifteen consecutive weeks. Since the beginning of the year, the total volume of investments has reached approximately $30 billion.

The value of assets under management (AUM) exceeded $221 billion, setting another record. Last week, the figure surpassed $220 billion for the first time in history breaking through. 

Ethereum-based crypto funds led with an inflow of $1.59 billion — the second-best figure on record. Since the beginning of the year, investments in these instruments have reached $7.79 billion — more than the entire year of 2024. 

Bitcoin-focused instruments saw withdrawals of $175 million. Analysts suggest this may indicate the possible start of altseason.

“Although it is too early to draw conclusions,” they added.

Inflows into Solana, XRP, and Sui-based instruments amounted to $311 million, $189 million, and $8 million respectively. 

“However, beyond these assets, interest in altcoins is waning: crypto funds for Litecoin and Bitcoin Cash lost $1.2 million and $0.66 million,” CoinShares emphasized.

Experts believe the growing inflows into Solana and XRP are linked to the hype around ETFs based on these assets. 

Regionally, the United States led with $2 billion. Germany followed with an inflow of $70 million. Brazil, Canada, and Hong Kong experienced outflows of $23.2 million, $84.3 million, and $160 million respectively. 

In July, JPMorgan experts reported an inflow of $60 billion into cryptocurrencies since the start of the year. They noted that the figure had increased by nearly 50% since the end of May and could surpass last year’s record.