Editor's PiCK

Last week's global crypto asset investment products see net inflow of $286 million

Source
Son Min

Summary

  • CoinShares reported that last week, global crypto asset investment products saw a net inflow of $286 million, marking the seventh consecutive week of net inflows.
  • In particular, Ethereum (ETH) products recorded a net inflow of $321 million, notching their sixth consecutive week of inflows and the largest level since December 2023.
  • On the other hand, Bitcoin (BTC) experienced a net outflow of $8 million, ending its six-week inflow streak, while inflows were especially notable in the United States, according to the report.

Last week, global crypto asset (cryptocurrency) investment products saw an inflow of $286 million, marking a net inflow streak for the seventh consecutive week.

On the 2nd (local time), CoinShares announced in a report, "Last week, there was an inflow of $286 million (₩393.5 billion) into crypto asset investment products, which marks a net inflow for the seventh consecutive week," adding, "Funds flowing in over the last 7 weeks have nearly reached $10.9 billion."

However, total assets under management (AUM) decreased. The report noted, "Due to uncertainty regarding US tariffs, the market weakened, and last week's total AUM slightly declined from an all-time high of $187 billion to $177 billion."

By asset, Ethereum (ETH) products ranked first with a net inflow of $321 million. This is the sixth consecutive week of inflows and the highest level since December 2023. The report evaluated, "Funds flowing into Ethereum over the past seven weeks amounted to $1.19 billion," adding, "Investor sentiment towards Ethereum has significantly improved." Additionally, Sui (SUI) and Solana (SOL) products followed with inflows of $2.2 million and $1.5 million, respectively.

Bitcoin (BTC) saw an outflow of $8 million, ending its six-week streak of inflows. XRP also saw an outflow of $28.2 million, marking a net outflow for the second consecutive week.

By region, there was strong inflow stemming from the United States. US-based crypto asset products alone saw a net inflow of approximately $199 million, while Germany, Australia, and Hong Kong followed with inflows of $42.9 million, $21.5 million, and $54.8 million, respectively. In contrast, Switzerland and Sweden recorded net outflows of $32.8 million and $3.9 million, respectively.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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