Crypto ETFs Hit Record $188B AUM as Bitcoin Stays Resilient Amid Trade Jitters

Ether-focused investment products saw inflows of $226 million last week, while Solana products attracted $22 million and XRP products brought in $11 million, pushing the total assets under management for crypto ETFs to a new all-time high of $188 billion.

Meanwhile, Bitcoin (BTC) continues to hold steady near $108,700, even as global financial markets shudder under renewed trade tension. President Donald Trump’s plans to impose tariffs of up to 50% on imports—citing clashes with the European Union over technology regulations—rattled traditional markets.

Asian equities fell for the third time in four sessions, copper futures slid in London, and U.S. stock futures dipped into negative territory.

Despite the turbulence, bitcoin remained largely unfazed, signaling that crypto investors may be shrugging off geopolitical noise or increasingly viewing BTC as shielded from global policy risk.

“Bitcoin’s modest decline amid Trump’s tariff talk underscores its resilience and the confidence of long-term investors,” said Han Xu, Director at HashKey Capital, via Telegram. “We believe this trend will persist, even amid short-term volatility.”

Yet caution remains at current price levels.

“Buyers are losing steam quickly,” said Alex Kuptsikevich, senior market analyst at FxPro. “Bitcoin keeps getting knocked down near $110,000. The 50-day moving average continues to attract buyers on dips, but sellers remain just as active.”

Kuptsikevich noted that the overall crypto market capitalization, though up 1.8% on the week, slipped by 0.6% in the past 24 hours to $3.35 trillion, reflecting another bout of indecision at the top.

Despite this choppiness, ETF inflows persist. CoinShares recorded its 12th consecutive week of net positive flows, with nearly $1 billion pouring into digital asset funds last week—more than $790 million of which went into bitcoin products.

Ether (ETH) led altcoin ETF inflows with $226 million, followed by Solana’s SOL (SOL) with $22 million and XRP (XRP) with $11 million. Total crypto ETF assets under management have surged to a record $188 billion.

However, signs of fatigue are emerging. Bitcoin’s on-chain activity and implied volatility have dipped to their lowest levels in nearly two years, according to data from The Block.

Glassnode labeled this phase a “summer lull,” citing declining trading volumes and a growing concentration of unrealized gains among long-term holders—factors that could trigger a sharper move if market sentiment flips.

While momentum remains subdued, risk appetite hasn’t fully disappeared.

“Capital is still drifting away from the 200-day moving average,” Kuptsikevich added, “suggesting the market retains a bullish bias. But a sudden change in sentiment could prompt swift profit-taking.”