July’s Crypto ETF Frenzy: Bitcoin & Ethereum Fuel $12.8B Flood Into US Funds
Wall Street's crypto love affair hits new highs—while traditional finance scrambles to keep up.
Forget 'slow summer'—US crypto ETFs just racked up their biggest month ever, sucking in $12.8 billion as Bitcoin and Ethereum led the charge. The numbers don't lie: institutional money's diving in headfirst while retail traders cheer from the sidelines.
Here's the breakdown:
The Bitcoin effect
BTC products dominated inflows—no surprise given its 20% July rally. When the OG crypto moves, the whole market follows.
Ethereum's quiet comeback
ETH funds saw their best inflows since the SEC approval frenzy. Smart money's betting big on the merge 2.0 upgrades.
Meanwhile, traditional hedge funds are stuck explaining why they missed the boat—again. Maybe next year they'll discover blockchain exists.
