
Caroline Bishop
Jul 28, 2025 12:02
Digital asset inflows reached unprecedented levels, led by Ethereum, with $11.2bn recorded in July. This surge highlights a potential altcoin season amid mixed regional trends.
In a remarkable development for the digital asset market, inflows into digital asset investment products reached a record high of $11.2 billion in July 2025, according to CoinShares. This surge in investment was primarily led by Ethereum (ETH), which drew in $1.59 billion last week alone, marking its second-largest inflow week on record.
Ethereum Takes the Lead
Ethereum’s robust performance has been a significant driver of the overall market inflows, with year-to-date figures surpassing the total inflows for 2024. This remarkable feat underscores Ethereum’s growing prominence in the digital asset space, especially at a time when Bitcoin (BTC) experienced minor outflows amounting to $175 million.
Regional Trends and Altcoin Movements
The inflows were not uniform across regions. The United States and Germany saw substantial investments of $2 billion and $70 million, respectively. These gains were enough to offset outflows from other regions such as Brazil, Canada, and Hong Kong, which recorded outflows of $23.2 million, $84.3 million, and $160 million respectively.
Beyond Ethereum, other altcoins such as Solana (SOL) and XRP also saw significant inflows, with $311 million and $189 million, respectively. This has sparked discussions about the potential onset of an ‘altcoin season,’ although the broader trend remains uncertain. Some altcoins, like Litecoin and Bitcoin Cash, experienced outflows, suggesting selective investment strategies among investors.
Potential Drivers and Market Sentiment
The influx of capital into these digital assets may be partly driven by the anticipation of potential U.S. ETF launches, which could further legitimize and stabilize the market. Despite the mixed signals, the sustained interest in digital assets over the past 15 weeks indicates a positive sentiment among investors.
For more insights and details, visit the full report on CoinShares.
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