Global Virtual Asset Investment Products See Inflows for 3 Consecutive Weeks…"Investor Sentiment Has Changed"

Global virtual asset (cryptocurrency) investment products have shown net inflows for three consecutive weeks, reflecting a change in investor sentiment.

On the 5th (local time), CoinShares reported in a report that "last week, $2 billion (2.754 trillion KRW) flowed into virtual asset investment products, marking three consecutive weeks of net inflows." It further stated, "The total funds inflowed over the three weeks amount to $5.5 billion (7.5735 trillion KRW)," evaluating it as "a dramatic change in investor sentiment following nine consecutive weeks of net outflows."

By asset, Bitcoin (BTC) products recorded a net inflow of $1.8 billion, ranking first. Ethereum (ETH) saw an inflow of $149 million, continuing a two-week inflow trend. XRP products received $10.5 million, ranking third. Additionally, Solana (SOL) and Tezos (XTZ) recorded net inflows of $6 million and $8.2 million, respectively.

By country, the inflow trend was strong from the United States. Approximately $1.9 billion was net inflowed from US-based virtual asset products, followed by Germany and Switzerland with $47 million and $34 million, respectively. Canada also recorded an inflow of $20 million.

Meanwhile, last week, it was reported that $15.9 million was inflowed into stocks related to virtual assets.