Crypto Tsunami: $3.7B Floods Into Digital Assets in Historic Surge—Total AuM Now $211B (CoinShares Data)
Wall Street's favorite casino just hit another jackpot.
The dam breaks
Digital asset inflows exploded to $3.7 billion last week—the second-largest haul in history—as institutional FOMO overpowered regulatory uncertainty. CoinShares data shows total crypto AuM now towers at $211 billion, just shy of 2021's euphoric peaks.
Whales keep feeding
While retail investors chase memecoins, the smart money's building positions. Bitcoin ETFs swallowed 90% of inflows, proving old-school finance finally learned how to spell 'HODL.'
Reality check
Remember when $211B would've crashed servers at Bloomberg? Now it's just Tuesday in crypto—where 'risk management' means doubling down before the Fed meeting.
Butterfill notes that July 10 alone saw the third-largest daily inflow on record, showing intensifying institutional appetite and reinforcing the bullish sentiment that has sustained 13 consecutive weeks of net inflows.
Bitcoin and Ethereum Lead the Charge
Bitcoin remains the dominant asset of choice, attracting US$2.7 billion in inflows, raising its total AuM to US$179.5 billion. This milestone means that Bitcoin ETPs now account for 54% of the value held in gold exchange-traded products, underscoring the asset’s growing stature as digital gold.
Despite the rally, short bitcoin products recorded little activity, suggesting a prevailing bullish bias. ethereum also made headlines, securing its twelfth straight week of positive flows.
With US$990 million added last week alone—the fourth-highest weekly figure on record—Ethereum’s 12-week cumulative inflows now represent 19.5% of its AuM, outpacing Bitcoin’s 9.8% over the same period.
According to Butterfill, this indicates a growing investor conviction in Ethereum’s long-term fundamentals.
Regional Divergence and Altcoin Trends
Regionally, the United States dominated flows with the entirety of the US$3.7 billion weekly inflow.
Meanwhile, Germany experienced notable outflows of US$85.7 million, pointing to possible regional profit-taking or shifting regulatory sentiment. Switzerland and Canada bucked the trend, posting moderate inflows of US$65.8 million and US$17.1 million, respectively.
Among altcoins, solana stood out with US$92.6 million in inflows, reinforcing its position as a favored layer-1 bet outside of Ethereum. In contrast, XRP suffered the largest weekly outflows at US$104 million, hinting at waning investor confidence or reactionary moves following recent price action.
Butterfill emphasized that despite some mixed altcoin performance, the sustained capital inflow across the broader market is a strong indicator of renewed institutional and retail engagement in the digital asset sector.
