Bitcoin (BTC) and Ether (ETH) ETFs have reached a record monthly inflow of $11.2 billion in July, according to CoinShares Head of Research James Butterfill.
Crypto Inflows into ETFs Set New Monthly High: CoinShares
29 July 2025 - 22:27 CEST
Not only has the crypto market set all-time highs for Bitcoin and major alternatives such as XRP and BNB in July, the new top ETFs (Exchange-Traded Funds) inflow has arrived with days to spare.
The previous highest inflow was $7.6 billion in December 2024, after interest in the crypto market exploded following the US presidential election.
Ether rally
A rally led by Ether (ETH) helped bring about the record high, according to the CoinShares Digital Asset Fund Flows Weekly Report. CoinShares noted $1.9 billion of inflows last week, marking the “15th consecutive week of positive sentiment.”
Solana and XRP also had positive inflows of $311.5 million and $189.6 million respectively.
On the other hand, Bitcoin actually experienced a mild outflow of $175 million.
Not quite Altcoin Season
Butterfill is cautious on whether we are now entering a full Altcoin Season. He says the data remain “inconclusive” and notes that “these altcoin inflows may be driven less by broad-based enthusiasm and more by anticipation surrounding potential US ETF launches.”
CoinShares’ own data still points to Bitcoin dominance on month-to-date and year-to-date date.
- BTC
- Month-to-date: $5.47 billion
- Year-to-date: $20.47 billion
- ETH
- Month-to-date: $4.9 billion
- Year-to-date: $7.79 billion
Ether is certainly picking up but has a long way to go to catch the market king.
