$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, $183 million in inflows were recorded by Ethereum investment products last week, ending an eight-week streak of outflows. Year-to-date inflows for Ethereum products have now totaled $398 million.
It was told to The Defiant by James Butterfill, the author of CoinShares’ report, that improved political sentiment has been a key driver behind the recent inflows, which have positively impacted investor confidence.
It was stated in the report that concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are believed to be the reasons why investors have turned towards digital assets, which are now seen as an emerging safe haven.
In the altcoin space, only Solana was recorded as having outflows last week, totaling $5.7 million, which brings its year-to-date outflows to $71 million.
On the other hand, strong inflows of $31.6 million were experienced by XRP, bringing its year-to-date inflows to $246 million. Notable inflows of nearly $21 million were also seen by Sui, bringing its year-to-date total to $72 million.
Very little action was seen by altcoins, with the exception of XRP, which has experienced 25 consecutive weeks of inflows since the elections, totaling $824 million, according to Butterfill.
