This marks the eleventh consecutive week of positive flows, bringing the streak of inflows to $16.9 billion and helping push the year-to-date total to $17.8 billion. The sustained inflows helped push total assets under management for crypto investment products above $184 billion, a significant milestone for the growing digital asset market.
James Butterfill, Head of Research at CoinShares, attributes these substantial inflows to the continued demand for crypto products amid the heightened geopolitical uncertainty and shifting monetary policy expectations.
However, he conceded that this year’s flows are slightly lower than last year’s $18.3 billion, noting:
“Reflecting on the half-year mark, inflows are on a similar track to 2024, where inflows to end-June were at $18.3 billion.”
On the other hand, short-Bitcoin investment products saw minimal net outflows of $2.9 million, with a year-to-date total of $12 million in outflows. This shift reflects a positive sentiment toward Bitcoin in 2025.
BTC’s continued dominance was particularly bolstered by the increasing popularity of US-based spot Bitcoin exchange-traded funds (ETFs) during the first half of the year,
Considering the ETFs’ performance, the US has dominated the regional flows, with crypto products from the country attracting over $16.8 billion in capital this year.
Outside the US, crypto products in Germany follow with inflows of $939 million this year, while products from Canada and Australia attracted inflows of $164 million and $148 million, respectively.
CoinShares noted that the ongoing interest in Ethereum has been fueled by its recent Pectra upgrade and a steady increase in institutional adoption.