Bitcoin News Today: Ethereum-driven crypto inflows hit $1.9B for 15th consecutive week as Bitcoin sees outflows

Digital asset investment products registered $1.9 billion in net inflows for the week ending July [1], marking their 15th consecutive week of gains, according to CoinShares’ latest report. While Ethereum (ETH) and Solana (SOL) led the charge, Bitcoin (BTC) posted its first outflows in several weeks, signaling a shift in investor preferences amid growing institutional and retail interest in alternative cryptocurrencies. Total inflows for July have already surpassed $11.2 billion, the highest monthly total on record [1].

Ethereum dominated the week’s flows, attracting $1.59 billion in net inflows—the second-largest weekly total in its history. This pushed ETH’s year-to-date inflows to $7.79 billion, already exceeding its 2024 full-year figure [1]. The asset’s rising dominance, now at 12% of the market, reflects its five-year high share of total crypto capitalization. U.S.-listed ETH-tracking ETFs have outperformed Bitcoin’s counterparts for three consecutive weeks, drawing billions in inflows and amplifying speculation about an impending altcoin season [1].

Bitcoin, by contrast, experienced $175 million in outflows, marking its second consecutive week of losing ground to ETH. The decline comes as BTC hovers near $118,664, just below its all-time high, and its market dominance weakens. This trend contrasts with earlier months when BTC consistently led inflows [1]. Analysts attribute the rotation to renewed optimism around Ethereum’s post-merkle upgrades and Solana’s high-throughput infrastructure, which appeal to investors seeking yield in a fragmented market [1].

Solana added $311 million in inflows, while XRP and SUI posted gains of $189 million and $8 million, respectively. However, broader altcoin momentum remains selective. Litecoin (LTC) and Bitcoin Cash (BCH) recorded outflows, indicating that the current rally is concentrated rather than a full-scale altcoin breakout [1]. Regionally, the U.S. accounted for $2 billion of July’s total inflows, with Germany contributing an additional $70 million. Canada, Brazil, and China Hong Kong saw net outflows, reflecting divergent regional adoption dynamics [1].

The data underscores a maturing crypto market where institutional allocations increasingly favor high-utility protocols like Ethereum and Solana. While Bitcoin maintains its status as the largest asset, its relative underperformance highlights the sector’s diversification. CoinShares’ report suggests that investors are prioritizing platforms with clear use cases and scalable infrastructure, a shift that could accelerate as regulatory clarity improves in key jurisdictions.

Source: [1] [CoinShares Weekly Report] [https://coinmarketcap.com/community/articles/68876e5e19d0ac2a2d639d31/]