Crypto Funds Draw $2.7 Billion in 11th Straight Week of Inflows

Investment products linked to cryptocurrencies attracted about $2.7 billion in new money during the week ended 28 June, according to data compiled by CoinShares. The haul extends the inflow streak to 11 consecutive weeks and pushes first-half totals to $17.8 billion, already eclipsing any full-year tally on record.

Bitcoin vehicles remained the dominant draw, securing roughly $2.2 billion, or 83% of the weekly total. CoinShares estimates that US spot Bitcoin exchange-traded funds absorbed about 21,030 tokens during the period, more than six times the 3,150 coins created by miners, underscoring a widening supply–demand gap.

BlackRock’s iShares Bitcoin Trust, the largest of the US spot products, continues to lead individual funds. The ETF absorbed about $1.23 billion in the 16–20 June window and, buoyed by steady daily inflows, is now generating an annualised $186 million in fee revenue, surpassing BlackRock’s flagship S&P 500 ETF on that metric.

Flows were not limited to Bitcoin. US-listed Ethereum ETFs booked $71.23 million on 24 June and $60.41 million a day later, marking a sixth straight week of inflows. Solana-based products drew $5 million—their strongest showing in seven weeks—lifting year-to-date allocations to $91 million.

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