Crypto investment products hit $1.9 billion in weekly inflows, signaling a new wave of investor optimism amid shifting macro conditions.
The cryptocurrency exchange-traded products (ETPs) market attracted $1.9 billion in inflows last week, marking the 15th consecutive week of gains.
This has pushed July’s month-to-date inflows to a record $11.2 billion, comfortably outpacing the $7.6 billion during December’s post-election surge.
As per a Monday report by CoinShares, Ethereum ETH $2 114 24h volatility: 4.2% Market cap: $255.20 B Vol. 24h: $29.42 B emerged as the top performer, drawing $1.59 billion in inflows, the second-largest weekly total in its history. Year-to-date inflows into ETH have now surpassed all of 2024’s combined.
This surge in institutional interest comes as Ether eyes $4,000 breakout in the near-term. In the past week, the second largest cryptocurrency has seen a 3% price gain, currently trading around $3,880.
Meanwhile, Solana SOL $89.43 24h volatility: 5.0% Market cap: $51.11 B Vol. 24h: $4.50 B and XRP XRP $1.41 24h volatility: 2.5% Market cap: $86.33 B Vol. 24h: $2.46 B also posted strong numbers, reflecting renewed interest regarding the next 1000x crypto.
However, Bitcoin BTC $71 294 24h volatility: 2.5% Market cap: $1.43 T Vol. 24h: $47.84 B saw minor outflows of $175 million as the largest cryptocurrency was mostly trading flat last week.
The inflow pattern also suggests a shift in investor capital allocation amid the anticipation of new ETF decisions.
Is Bitcoin Approaching a Turning Point?
Glassnode reports that Bitcoin’s $117,000 price level is acting as a key demand zone. Over 73,000 BTC are now held at this cost basis, an indication of strong buyer interest absorbing each price dip.
The $117K level continues to attract demand, with ~73K $BTC now held at this cost basis. Each dip is being absorbed, as investors steadily accumulate in this range: https://t.co/Z7YaRYAyAc pic.twitter.com/0klgr8Tvhs
— glassnode (@glassnode) July 28, 2025
Meanwhile, a CryptoQuant analyst noted the MVRV Ratio’s 365-day moving average (365DMA) as a signal worth watching. Historically, this indicator has aligned closely with market cycle tops.
In 2021, it formed a camel-like double peak, with the second top arriving six months after the first, right before the bear market began. Interestingly, 2025 appears to be following a similar pattern.
Bitcoin MVRV Ratio’s 365DMA | Source: CryptoQuant
If history repeats, the next market top could land around September 10, according to the analyst. However, some experts caution that since MVRV is a lagging metric, Bitcoin’s actual price peak may come slightly earlier, perhaps by late August.
As macro narratives shift and hopes of a potential Fed rate cut grow, investors should balance bullish expectations with disciplined caution.
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