Bitcoin Drives $1.24 Billion Weekly Inflows, Totaling $15 Billion YTD

Bitcoin and crypto funds attracted $1.24 billion over the past week, totaling $15 billion year-to-date. Investors view market pullbacks as buying opportunities.

Bitcoin and Ethereum Performance

  • Bitcoin gained $1.114 billion this week, totaling $12.7 billion YTD.
  • Ethereum contributed $124 million in weekly inflows, reaching $2.43 billion YTD.
  • Short Bitcoin products saw minimal outflows of $1.4 million this week.

Altcoin Inflows

  • Solana received $2.80 million this week, totaling nearly $86 million YTD.
  • XRP attracted $2.70 million weekly, reaching $268 million YTD.
  • Funds with multiple tokens experienced outflows of $5.76 million this week.

Regional Trends

  • The US led with $1.25 billion in weekly inflows, totaling $14.30 billion YTD.
  • Canada added nearly $21 million this week; Germany contributed almost $11 million.
  • Brazil faced outflows of $9 million this week but remains up for the year.

Smaller Tokens' Performance

  • Sui saw $8.5 million in outflows despite some gains in June.
  • Litecoin recorded $0.21 million in weekly inflows, totaling $6 million YTD.
  • Cardano and Chainlink attracted $0.34 million and $0.6 million respectively.

Overall, institutional interest in crypto persists despite global uncertainties. Total weekly flows reached $1.23 billion, supporting a cumulative total of $15 billion for the year across $176 billion in assets.