Bitcoin, Ethereum Funds Reach Record High of $211 Billion
2025-07-14 13:46:37
Main Idea
Bitcoin and Ethereum ETFs saw record-breaking inflows last week, with U.S. investors leading the charge, while Tether announced it will end USDT support on several blockchains.
Key Points
1. Bitcoin and Ethereum ETFs attracted $3.7 billion in inflows last week, the second-highest weekly flow on record.
2. U.S. investors dominated with $3.7 billion in inflows, while Germany saw outflows of $85.7 million.
3. Bitcoin's price rose 2.7% in the past day to over $121,000, while Ethereum stayed above $3,000.
4. Tether will end USDT support for Bitcoin Cash, Algorand, EOS, Kusama, and Omni Layer Protocol on September 1.
5. BlackRock's IBIT led Bitcoin ETF inflows with $448.5 million, followed by Fidelity's FBTC and ARK's ARKB.
Description
Crypto ETFs hit record $3.7B weekly inflows as Bitcoin held above $121K, but analysts warn momentum could quickly reverse.
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