Crypto-based investment products have reached a remarkable milestone by drawing $1.04 billion in net inflows last week, continuing a 12-week streak. This influx has propelled the total assets under management (AUM) to a record-high of $188 billion. According to a July 7 report by CoinShares, since April, inflows have surged to $18 billion amid robust momentum. Despite weekly trading volumes remaining steady at $16.3 billion, spot Bitcoin 
$77,464 ETFs like those from BlackRock, Fidelity, and ARK 21Shares have dominated with nearly $1 billion in inflows, while Germany and Switzerland contributed $38.5 million and $33.7 million, respectively. Conversely, Canada and Brazil experienced outflows of $29.3 million and $9.7 million.
Record-Breaking AUM Fueled by Continuous Inflows
Bitcoin-based investment products concluded the fourth consecutive positive week, accumulating $790 million. Yet, this figure fell below the previous three-week average of $1.5 billion, indicating a tempering demand as Bitcoin prices neared all-time highs.
James Butterfill, Head of Research at CoinShares, remarked that while Bitcoin approaches its peak, the slowdown in inflows suggests cautious investor behavior. The sustained trading volume of $16.3 billion illustrates ongoing investor interest but does not ignore the associated price risks.
Ethereum 
$2,315-based investment products similarly marked the 11th consecutive positive week with $226 million in new inflows. During this period, these weekly inflows have represented 1.6% of AUM, double the 0.8% ratio seen in Bitcoin-focused products. This data signals a gradual investor shift toward Ethereum, the largest altcoin.
Dominance of the U.S. in Investor Preferences
The geographical distribution of inflows underscores the U.S. as the epicenter of global appetite. CoinShares data reveal that 96% of total inflows originated directly from the U.S. Meanwhile, Germany and Switzerland provided limited but consistent contributions, whereas regional variations in risk perception contributed to outflows in Canada and Brazil. Regulatory clarity and fund diversity stand out as primary drivers for U.S. market flows.
From an asset-based perspective, altcoin investment products like those based on Solana 
$86 and XRP have seen minor inflows, while slight outflows occurred from multi-asset portfolios. This scenario highlights investor preference for specific crypto investments, avoiding baskets. The uninterrupted 12-week inflow of $18 billion underscores enduring institutional interest in the crypto market, with an increasingly selective distribution.
