Digital investment products recorded net inflows of USD 572 million last week, according to CoinShares' research department. This made up for part of the outflows of USD 1 billion in the previous week, which were triggered by weak US labor market data.
The turnaround followed the US government's decision to allow cryptocurrencies in 401(k)-type funded retirement plans. Ethereum dominated the market with inflows of USD 268 million, bringing year-to-date cumulative inflows to a record USD 8.2 billion. Assets under management (AUM) rose to USD 32.6 billion, an increase of 82% in 2025. Bitcoin also recovered with inflows of USD 260 million, while short Bitcoin products recorded outflows of USD 4 million.
Diversification into altcoins
Trading volumes in digital asset ETPs were down 23% month-on-month, reflecting the summer slowdown. By region, the US led with USD 608 million in inflows, followed by Canada with USD 16.5 million, while Europe saw combined outflows of USD 54.3 million in Germany, Sweden and Switzerland.
Altcoins also gained, indicating continued diversification beyond Ethereum and Bitcoin:
- $SOL (+2,15%) (+21.8 million US dollars)
- $XRP (-0,46%) (+18.4 million US dollars)
- $NEAR (+1,53%) (+10.1 million US dollars)
The decision on 401(k) plans represents an important step for mass adoption and should boost long-term demand. Together with the Ethereum record and the Bitcoin recovery, the market is entering August in a positive mood - despite the continued uncertain macroeconomic environment.
