Crypto investment products shattered records with $4.4 billion in weekly inflows for the week ending July 18, marking the 14th consecutive week of positive flows according to CoinShares. This brings year-to-date inflows to $27 billion and total assets under management to an all-time high of $220 billion.
Ethereum (ETH) dominated the inflows, attracting $2.12 billion – nearly double its previous weekly record. James Butterfill, CoinShares' Head of Research, noted that ETH's 2025 inflows of $6.2 billion have already surpassed 2024's full-year total, with recent inflows representing 23% of Ethereum's total AUM. This surge follows ETH's price breaking $3,500 for the first time since January.
Bitcoin (BTC) saw $2.2 billion in inflows despite price volatility that pushed it to a historic high of $122,000 before settling near $120,000. Altcoins also benefited significantly, with Solana (SOL) attracting $39 million, XRP (XRP) $36 million, and Sui (SUI) $9.3 million.
While institutional adoption accelerates – evidenced by firms like SharpLink Gaming and BitMine holding over $1 billion in ETH – analysts caution about market cycles. Crypto Banter's Ran Neuner warned of approaching "traditional 4-year cycle tops," and Into The Cryptoverse's Benjamin Cowen observed ETH's growing dominance at smaller altcoins' expense, suggesting potential late-cycle consolidation.