Surging Crypto Influx Sets New Records
2025-07-14 11:22:17
Main Idea
Cryptocurrency-based investment products saw a record weekly influx of $3.7 billion, with Bitcoin products leading the surge, while Ethereum and altcoins showed mixed trends.
Key Points
1. Cryptocurrency investment products recorded a net inflow of $3.7 billion, the highest since December 2024, bringing total assets under management to over $211 billion.
2. Bitcoin-based products accounted for 73% of the inflows, attracting $2.7 billion, with U.S. spot Bitcoin ETFs contributing significantly.
3. Ethereum-based products saw a $990 million inflow, with U.S. spot ETFs adding $908.1 million, marking a growth rate surpassing Bitcoin's.
4. Altcoin investment trends were mixed: Solana funds attracted $92.6 million, while XRP products saw a $104 million outflow.
5. Other altcoins like SUI and Cardano had inflows of $3.5 million and $500,000 respectively, whereas Chainlink experienced a $500,000 outflow.
Description
Crypto investment products saw a $3.7 billion inflow last week. Bitcoin-based products attracted the majority of these funds. Continue Reading: Surging Crypto Influx Sets New Records The post Surging Crypto Influx Sets New Records appeared first on COINTURK NEWS .
Latest News
- Trump’s Surprising Comments Trigger Drop in Cryptocurrency Prices2025-07-14 15:43:31
- Grayscale Makes Strategic SEC Move as Crypto Markets Surge2025-07-14 15:10:13
- The Giant Whale Reactivates: What’s Next for Bitcoin?2025-07-14 14:14:44
- Grayscale’s Ambitious Market Expansion Sparking Curiosity2025-07-14 13:48:06
- Strategy Breaks Records with Unprecedented Bitcoin Purchase2025-07-14 13:32:30