Digital-asset investment products log $1 billion in net inflows last week…ending a five-week streak of outflows

Digital-asset investment products snapped a five-week run of fund outflows, swinging to sizable net inflows. The shift is seen as reflecting bargain buying after the price pullback and renewed accumulation by large holders, helping to restore investor sentiment.

According to CoinShares, a cryptoasset manager, digital-asset investment products recorded $1 billion in net inflows last week. It marked the first rebound after five consecutive weeks that totaled $4 billion in net outflows.

CoinShares said it is difficult to attribute the move to a single macro factor, but that the price correction following a break below key technical support levels and renewed buying by large Bitcoin holders (whales) served as catalysts for the turn. It added that recent client conversations have focused more on timing new entries than on reducing exposure.

By region, the United States accounted for the bulk at $957 million. Canada ($34.1 million), Germany ($31.7 million) and Switzerland ($28.4 million) also posted net inflows, pointing to broadly based inflows overall.

By asset, Bitcoin led with $881 million. However, short (selling) products that bet on a decline in Bitcoin also saw $3.7 million in inflows, underscoring that market views remain divided.

Ethereum (ETH) attracted $117 million, the largest weekly net inflow since mid-January. On a year-to-date (YTD) basis, however, both Bitcoin and Ethereum remain in net outflow territory.

Solana (SOL), meanwhile, took in $53.8 million last week and has logged $156 million in net inflows year-to-date, showing a relatively resilient trend among major altcoins. Chainlink (LINK) also posted a modest $3.4 million net inflow, and no notable net outflows were observed.