CoinShares Reports Record $1.6 Billion Weekly Inflow into Ethereum Funds

From July 19 to July 25, cryptocurrency funds attracted $1.9 billion. The total inflow for the month reached a record-breaking $11.2 billion, surpassing the previous high of $7.6 billion, according to a report from CoinShares.

This marks the fifteenth consecutive week of investment inflows into crypto funds. Since the beginning of the year, the total investment volume has been approximately $30 billion.

The value of assets under management (AUM) has exceeded $221 billion, setting yet another record. Last week, this figure for the first time in history broke the $220 billion mark.

Ethereum-based crypto funds led the way with an inflow of $1.59 billion, which is the second-highest figure ever recorded. Since the start of the year, investments in these assets have totaled $7.79 billion, which is more than the entire previous year of 2024.

Conversely, Bitcoin-related instruments experienced an outflow of $175 million. Analysts suggest this may indicate a possible beginning of an altcoin season.

«Though it is premature to draw conclusions,» they added.

Inflows to instruments based on Solana, XRP, and Sui were $311 million, $189 million, and $8 million, respectively.

«However, outside of these assets, interest in altcoins is waning: crypto funds for Litecoin and Bitcoin Cash saw losses of $1.2 million and $660,000,» CoinShares emphasized.

Experts believe the rising inflows into Solana and XRP are associated with the hype surrounding ETFs based on these assets.

Regionally, the United States emerged as the leader 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.

It is worth noting that in July, experts from JPMorgan reported an inflow of $60 billion into cryptocurrencies since the start of the year. They indicated that this figure has increased by nearly 50% since the end of May and may surpass last year’s record.