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- Digital asset products attracted $3.7 billion in weekly inflows, the second-largest on record.
- Bitcoin and Ethereum drove most of the momentum, with $2.7 billion and $990 million in inflows, respectively.
- U.S.-led inflows; Germany faced outflows; Canada and Switzerland saw moderate gains.
Digital asset investment products recorded net inflows of $3.7 billion last week. This marked the second-highest total ever. The surge pushed total assets under management (AuM) to a new peak of $211 billion. Ethereum played a key role in the rise, contributing significantly to the inflows. The movement came as part of a broader trend, now 13 weeks long, with consistent investor interest.
July 10 was the week’s high, pulling in the third-largest single-day inflow ever. Such inflows brought year-to-date inflows to $22.7 billion. Investors have made aggregate commitments worth $21.8 billion since the hot spell began. Trading volumes also multiplied. Exchange-traded product (ETP) volumes reached double the weekly volume for the year, at $29 billion.
The U.S. alone accounted for virtually all of last week’s inflows, contributing the complete $3.7 billion. Europe was mixed. Germany saw net outflows in the amount of $85.7 million. However, Canada subsequently added the amount of $17.1 million, and Switzerland added an amount of $65.8 million.
Bitcoin and Ethereum Dominate Fund Inflows
Bitcoin remained the most intriguing asset. The coin attracted new investment worth $2.7 billion, which added to total AuM worth $179.5 billion. For the first time ever, the value is on par with 54% of the value held in global gold ETPs. There was not much new movement in short Bitcoin products.
Ethereum continued to roll. The crypto saw its 12th consecutive week in inflows, which brought in $990 million. That was the fourth largest week-in inflow in Ethereum’s history. On percentage growth, Ethereum inflows for the previous 12 weeks now account for near 20% of its total AuM. For Bitcoin, that is a hair below 10%.
Among the altcoins, Solana performed quite well. The asset experienced inflows amounting to $92.6 million. XRP, on the other hand, experienced sharp reversal as the asset lost $104 million. The movement reflects an increased focus on horizontally scalable and Ethereum-compatible networks, as investor demand for some major tokens remains volatile.
Poland’s Ethereum Growth Supports Broader Trend
Apart from investment, in the last few months, technical progress also gained pace , particularly in Poland. The nation is now an emergent center for Ethereum innovation. The Polish blockchain environment was once limited to initial initiatives like Nethermind and Golem but nowadays is home to various new projects like L2beat, an analytics service fundamental to the Ethereum Layer 2 ecosystem.
The sheer expertise and community support drive such innovations. The very fundamental architecture of Ethereum was created in the early times by Polish developers. From decentralized processing to analytics programs and validation networks, the participation of Poland continues to expand.
The intersection between rising investor inflows and ground-level development means a healthy future for crypto assets, both in financial products and in technical advancements. The future will still hold Bitcoin and Ethereum as among the best investment options for investors, showing high and stable growth. Other altcoins like Solana can still skyrocket and others like XRP can lose out as long as demand keeps falling.
Related Reading: Bitcoin Smashes $118,000 All-Time High as ETF Inflows and Big Buyers Fuel Rally
