Today in crypto, crypto funds posted record weekly inflows of $4.4 billion last week, with Ether exchange-traded product (ETP) gains surpassing 2024 totals, the non-fungible token market cap soared 21% amid an NFT “sweep” that pumped CryptoPunks, Pudgy Penguins and other blue-chip NFT collections, and Strategy co-founder Michael Saylor signaled another Bitcoin purchase.
Crypto funds post record $4.4 billion inflows as Ether ETPs break 2024 gains
Cryptocurrency investment products posted record-breaking inflows last week as they recorded gains for a 14th consecutive week.
Global crypto exchange-traded products (ETPs) recorded $4.4 billion of inflows for the trading week that ended Friday, CoinShares reported on Monday.
The inflows came amid Bitcoin (BTC) surging past $122,000 for the first time on July 14, then dropping to an intraweek low of about $116,000 before finishing the trading week at around $120,000, according to CoinGecko data.
With the fresh gains, the year-to-date (YTD) inflows in crypto ETPs climbed to a new high of $27 billion, while total assets under management (AUM) for the first time broke $220 billion.
Ether (ETH) ETPs set multiple records last week, with 2025 inflows surpassing 2024 totals at $6.2 billion, while weekly inflows hit double the previous record at $2.12 billion, CoinShares’ head of research James Butterfill wrote in the report.
The latest inflows came as ETH surged past $3,500 for the first time since early January. The highs followed several months of downward pressure that pushed ETH below $1,500 in April, according to CoinGecko.
“The past 13 weeks of inflows now represent 23% of Ethereum AUM,” Butterfill noted.
Bitcoin ETP inflows remained resilient as BTC reached new all-time highs, contrasting with the slowdown seen in early July, a dip Butterfill attributed to growing caution as Bitcoin neared record levels.
According to the latest update, Bitcoin funds posted $2.2 billion of inflows last week, accounting for 50% of total crypto ETP inflows.
NFT market registers a bumper day of gains
Investors appear to be piling back into NFTs after a massive day of gains across the market on Sunday, propped up by a broader crypto rally.
The two largest NFT collections by market cap registered double-digit rises, with the CryptoPunks floor price pumping 15.9% in a day to 47.50 Ether and Pudgy Penguins registering a more than 15% gain to 16.60 ETH.
The NFT market cap also increased 21.2% in the last 24 hours to over $6.34 billion, while the total sales volume is up 303% to $38.7 million.
Several experts were predicting an NFT market rally could be on the horizon back in May, while American rapper Snoop Dogg’s NFT collection launch earlier this month also sparked conversations about a resurgence.
Michael Saylor signals impending Bitcoin buy
Strategy co-founder Michael Saylor signaled an impending Bitcoin purchase on Sunday by posting the Bitcoin (BTC) chart he typically posts before the company makes a purchase the following day.
“Stay Humble. Stack Sats,” Saylor wrote on X, while teasing the upcoming BTC purchase to followers on social media.
The company is up about 66.5% on its Bitcoin investment, accounting for over $28.5 billion in unrealized gains, according to SaylorTracker.
Strategy currently holds 601,550 BTC, valued at over $71.4 billion, making it the largest corporate BTC treasury company in the world by a wide margin.