Global crypto funds just logged a tenth straight week of fresh capital, pulling in another $1.24 billion even as prices slid and geopolitics turned tense.
CoinShares estimates that inflows since April now total $14.1 billion, pushing year-to-date commitments to a record $15.1 billion and lifting assets under management across the sector to roughly $176 billion.
Most of last week’s money went into bitcoin vehicles, which absorbed about $1.1 billion—largely through U.S. spot ETFs—while short-bitcoin products saw a marginal $1.4 million trickle out.
Ethereum funds attracted $124 million, extending their own nine-week streak to $2.2 billion, even though newly launched U.S. spot ether ETFs contributed only a fraction of that ($40 million). Regionally, the United States dominated with $1.25 billion in net inflows; smaller positive contributions from Canada and Germany were partly offset by redemptions in Hong Kong and Switzerland.
Prices, meanwhile, remain under pressure: bitcoin is down roughly 5 percent on the week near $101,600, and ether has shed nearly 14 percent to about $2,255. Still, analysts argue that steady institutional allocations—ranging from state treasuries in Texas to corporate balances at firms like Metaplanet—are creating a firmer long-term base.
Once the current bout of macro anxiety eases, they say, that underlying demand could set the stage for the next rebound, with some betting that high-beta assets such as Solana might lead the charge.
As the cryptocurrency market heats up, one recurring question dominates traders’ minds: are we in an Altcoin Season?
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.
Ethereum is once again trading above the key $3,000 level after a 2.4% price jump brought it to $3,044 on July 14.
Bitcoin has officially broken through the $121,000 level, rising 2.84% in the past 24 hours to hit $121,400, according to CoinMarketCap data.