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.
Bitcoin’s surge to new all-time highs is playing out differently than previous rallies, according to a July 11 report by crypto research and investment firm Matrixport.
Ethereum surged 8.4% in the past 24 hours, reaching $3,010 as renewed interest in altcoins follows Bitcoin’s explosive rally.
Grayscale, one of the leading cryptocurrency asset managers, has unveiled its latest benchmark update structured around its Crypto Sectors framework.
Bitcoin surged past $116,000 on July 11, marking a new all-time high amid intense market momentum.