$3.18 billion in inflows were led by Bitcoin investment products last week.
$3.4 billion in inflows were recorded by digital asset investment products last week, marking the third-largest weekly inflows on record, according to CoinShares’ weekly Fund Flows report.
This figure also represents the largest inflows since mid-December 2024. Bitcoin (BTC) investment products were the leaders, with $3.18 billion of last week’s total inflows, bringing year-to-date inflows to $3.7 billion. Assets under management (AUM) for Bitcoin investment products have now risen to $132 billion.
Meanwhile, Ethereum investment products recorded $183 million in inflows last week, ending an eight-week streak of outflows. Year-to-date inflows for Ethereum products have now totaled $398 million.
James Butterfill, author of CoinShares’ report, told The Defiant that improved political sentiment has driven recent inflows, positively impacting investor confidence.
The report stated that concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar have led investors to turn toward digital assets, which they now see as an emerging safe haven.
In the altcoin space, Solana recorded outflows of $5.7 million last week, bringing its year-to-date outflows to $71 million.
On the other hand, XRP experienced strong inflows of $31.6 million, bringing its year-to-date inflows to $246 million. Sui also saw notable inflows of nearly $21 million, raising its year-to-date total to $72 million.
Altcoins showed very little action, except for XRP, which experienced 25 consecutive weeks of inflows totaling $824 million since the elections, according to Butterfill.
