Bitcoin Claims 83% of Weekly Crypto Inflows As Digital Asset Funds Extend Positive Streak to 11 Weeks
2025-07-01 07:40:28
Main Idea
Digital asset funds saw $2.7 billion in inflows last week, marking the 11th consecutive week of gains, with Bitcoin dominating the inflows and strong institutional demand driving the market.
Key Points
1. Digital asset funds recorded $2.7 billion in inflows last week, bringing the total to $16.9 billion over 11 consecutive weeks of gains.
2. Bitcoin captured 83% of total inflows, with $2.2 billion last week, while short-Bitcoin products saw outflows of $2.9 million.
3. Ethereum followed with $429 million in weekly inflows, XRP secured $10.6 million, and Solana recorded $5.3 million.
4. The US led inflows with $2.65 billion, while Switzerland, Germany, and Australia saw smaller inflows; Sweden, Canada, Brazil, and Hong Kong recorded outflows.
5. Bitcoin defied its usual June weakness with a rally, driven by institutional demand and spot BTC ETFs seeing $2.2 billion in inflows.
Description
Digital asset funds experienced inflows of $2.7 billion last week, their 11th consecutive week of gains. This figure pushed the total to $16.9 billion. Interestingly, the mid-year momentum is similar to 2024, when inflows reached $18.3 billion by June’s end. CoinShares noted that continued investor interest is likely tied to a mix of increased geopolitical tensions and the current “uncertainty” around monetary policy, both of which are driving demand for digital assets. Bitcoin Dominates Digital...
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