The majority of last week’s inflows originated from the United States, which accounted for $2.65 billion of the global total. Minor contributions also came from Switzerland and Germany, at $23 million and $19.8 million respectively.
Bitcoin remained the primary recipient of institutional interest, attracting $2.2 billion, or roughly 83% of the week’s inflows. Short-Bitcoin products, however, experienced $2.9 million in outflows, bringing total year-to-date outflows for bearish bets on BTC to $12 million.
This inverse movement highlights a broader market leaning towards long exposure, reflecting positive sentiment around Bitcoin’s current price structure and potential future performance.
James Butterfill, head of research at CoinShares, noted that the mid-year performance closely tracks that of 2024, which ended June with inflows totaling $18.3 billion.
He emphasized that uncertainty surrounding interest rate cuts and broader economic signals has likely driven investors to consider digital assets as part of a diversified strategy.
The rise in ETH inflows comes amid continued growing activity in Layer 2 networks, which have contributed to the platform’s expanding utility. Solana, by contrast, continues to lag in investor interest, with only $91 million in inflows reported for the year so far.
The disparity between Ethereum and Solana suggests that investor confidence is still largely tied to the more established networks when allocating capital to altcoins.
Featured image created with DALL-E, Chart form TradingView
