Investment frenzy sweeps digital assets as Ethereum hits historic second-highest weekly inflow.

[Chain News] On July 28, the latest report shows that last week, digital asset investment products recorded an inflow of $1.9 billion, bringing the total inflow for this month to a record $11.2 billion, significantly exceeding the $7.6 billion inflow recorded after the 2024 U.S. presidential election in December. This marks the 15th consecutive week of positive sentiment in the market.

Ethereum performed outstandingly, attracting $1.59 billion in inflows last week, marking its second-highest weekly inflow on record. Year-to-date, Ethereum's total inflows have reached $7.79 billion, surpassing the total for the entire last year. In contrast, Bitcoin experienced an outflow of $175 million, which may be related to market expectations for ETFs rather than a widespread altcoin season.

Among other altcoins, Solana and XRP attracted inflows of $311 million and $189 million, respectively, showing strong performance; SUI also recorded an inflow of $8 million. However, the inflow of some altcoins has slowed down, with Litecoin experiencing an outflow of $1.2 million and Bitcoin Cash an outflow of $660,000.