Crypto Products Break Record As $11,200,000,000 of Monthly Inflows Hit Institutional Markets: CoinShares

Crypto Products Break Record As $11,200,000,000 of Monthly Inflows Hit Institutional Markets: CoinShares

Leading digital asset investment firm CoinShares says that institutional inflows into crypto products have set new monthly highs in July.

According to its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets just pushed over $11 billion over the last month, a new record before the month is even finished.

“Digital asset investment products saw US$1.9bn in inflows last week, marking the 15th consecutive week of positive sentiment. This pushed month-to-date inflows to a record US$11.2bn, significantly surpassing the US$7.6bn seen in December 2024 following the US election.”

Source: CoinShares

Regionally speaking, the United States led globally with $2 billion in inflows, followed by Germany at $70 million. Hong Kong, Canada and Brazil suffered $160 million, $84.3 million and $23.2 million in outflows, respectively.

Institutional Ethereum (ETH) investment products continued their hot streak as current year-to-date inflows for the leading smart contract platform have already blown past 2024 totals.

“Ethereum stood out, unusually leading with US$1.59bn in inflows last week, its second-strongest week on record. Year-to-date inflows into Ethereum have now reached $7.79 bn, surpassing the total for all of last year.”

Bitcoin (BTC), unusually, suffered outflows of $175 million. According to CoinShares, this could mark the beginning of “altseason.”

“While inconclusive, there are some signs: Solana and XRP attracted substantial inflows of US$311m and US$189m respectively, with SUI also seeing US$8m.

However, beyond these names, inflows tapered off quickly. Several altcoins saw outflows, including Litecoin (US$1.2m) and Bitcoin Cash (US$0.66m).”

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Crypto Products Break Record As $11,200,000,000 of Monthly Inflows Hit Institutional Markets: CoinShares appeared first on The Daily Hodl.

Show original
18.17K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.