Crypto News Today: Crypto Investment Products See $1.9B Inflows for 15th Week, Ether ETPs Lead Surge

Global crypto ETPs posted $1.9B in weekly inflows, led by record-breaking Ether products, as Bitcoin funds saw minor outflows.Key TakeawaysGlobal crypto exchange-traded products (ETPs) logged $1.9 billion in inflows last week, extending a 15-week streak.Ether ETPs led with $1.59 billion, the second-largest weekly inflow on record for ETH.Bitcoin funds saw minor outflows of $175 million, breaking a 12-day inflow streak.Total assets under management (AUM) for crypto ETPs hit a record $221.4 billion.Crypto ETPs Extend Record Inflow StreakCryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows despite ongoing market volatility.According to CoinShares, global crypto ETPs attracted $1.9 billion for the week ending Friday, pushing year-to-date inflows to a record $29.5 billion. Total AUM reached $221.4 billion, while month-to-date inflows surged to $11.2 billion, surpassing the previous December 2024 record of $7.6 billion.The gains came as Bitcoin (BTC) slipped to $115,000 and Ether (ETH) briefly dropped below $3,600, underlining the resilience of institutional flows despite price swings.Ether ETPs Dominate, Bitcoin Sees OutflowsEther ETPs: Recorded $1.59 billion in inflows, the second-largest weekly figure ever for ETH products.Solana (SOL): Added $311.5 million.XRP: Brought in $189.6 million.In contrast, Bitcoin ETPs posted $175 million in outflows, ending a 12-day inflow streak on July 21.Analyst View: Altcoin ETF Anticipation Drives FlowsCoinShares Head of Research James Butterfill noted that last week’s inflows likely reflect anticipation of U.S. altcoin ETF approvals, rather than a full-scale altcoin season.“These altcoin inflows may be driven less by broad-based enthusiasm and more by anticipation surrounding potential U.S. ETF launches,” Butterfill explained.Smaller altcoins like Litecoin (LTC) and Bitcoin Cash (BCH) saw modest outflows of $1.2M and $0.7M, respectively.