Cryptocurrency investment products ended in Green last week, marking 15 consecutive weeks of flow, even bitcoin funds watched the minor outflow.
The Global Crypto Exchange-Tradeed Products (ETPS) recorded an influx of $ 1.9 billion during the trading week ended on Friday, According For Monday’s report from European Crypto Asset Manager Coinsers.
The latest flow came despite the increased market instability in the form of bitcoin (BTC) Decline Lower as $ 115,000 by the end of the week, while eather (eth) briefly Dropped According to CoingEcko, below $ 3,600 on Thursday.
The new profit brought year-on-year-Tarikh (YTD) to a new level of $ 29.5 billion, while for the first time a total assets under Management (AUM) reached $ 221.4 billion. Crossing the previous record of $ 7.6 billion in December 2024 after the US election in December 2024, the month-by-Tarikh’s inflow set a record of $ 11.2 billion.
See the second largest flow on Ether ETP record
Most of the previous week’s benefits were operated by ether investment products, with $ 1.59 billion in the stream. According to James Butterfil, leading the research of coinshares, the figure represents the second largest weekly flow recorded for Ether ETPS.
Solana (SOL) and XRP (XRP) followed the Ethar ETP recorded last week, with $ 311.5 million and $ 189.6 million respectively.
On the other hand, Bitcoin ETPS saw a minor outflow of $ 175 million as BTC investment products ended the 12-day flow streak on 21 July.
According to butterfil, deviation in flow between bitcoins and altcoins highlights the potential expectation of altcoin ETF instead of a broad altcoin season.
“These Altcoin flows can be operated by widespread-based enthusiasm and more potentially around the exhaust of the more potential American ETF launch,” butterfil said.
He said that many Altcoin ETPS saw a minor outflow including Litcoin (LTC) and bitcoin cash (BCH), $ 1.2 million and $ 0.7 million respectively.
This is a developing story, and further information will be added as it is available.
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