Crypto funds post record $4.4B inflows as Ether ETPs break 2024 gains

Key Points

1. Global crypto ETPs recorded $4.4 billion in inflows for the week ending July 18, marking 14 consecutive weeks of gains.

2. Year-to-date inflows in crypto ETPs reached a new high of $27 billion, with total assets under management (AUM) exceeding $220 billion for the first time.

3. Ether ETP inflows surpassed 2024 totals at $6.2 billion, with weekly inflows hitting a record $2.12 billion.

4. Bitcoin ETP inflows accounted for 50% of the total crypto ETP inflows at $2.2 billion for the week.

5. Solana, XRP, and Sui also saw notable inflows of $39 million, $36 million, and $9.3 million, respectively.