The cryptocurrency market has witnessed an unprecedented surge in institutional interest, with investment funds attracting $4.39 billion in inflows during the week of July 12-18. This remarkable figure surpasses the previous record of $4.27 billion set following last year's U.S. election, according to data from CoinShares.
This momentum represents the 14th consecutive week of positive inflows, bringing the total year-to-date investments to an impressive $27 billion. As reported in the recent analysis of crypto funds raising a record $4.39 billion, the sector continues to demonstrate strong institutional confidence despite market volatility.
The total assets under management in cryptocurrency products have reached a historic peak of $220 billion, while exchange-traded product (ETP) trading volume soared to an all-time high of $39.2 billion, signaling growing mainstream adoption of digital assets.