Last week, global virtual asset investment products saw a net inflow of $572 million

Last week, global virtual asset (cryptocurrency) investment products recorded an inflow of $572 million (₩795.4 billion).

On the 11th (local time), CoinShares stated in its report, "Last week, virtual asset investment products attracted $527 million, turning the trend back to net inflows." Notably, the allowance of cryptocurrency investment for defined contribution (DC) pension plans such as 401k had a positive impact.

The report said, "Earlier in the week, concerns of an economic slowdown due to weak U.S. employment led to an outflow of $1 billion from virtual asset products," but added, "Simultaneously, the U.S. government's approval of cryptocurrency investment in 401k resulted in a reinflow of $1.57 billion." It also noted that trading volume for exchange-traded products (ETPs) decreased by 23% compared to the previous month.

By asset, Ethereum (ETH) products ranked first with a net inflow of $268 million. The report explained, "Since the start of the year, cumulative inflows into Ethereum investment products have reached $8.2 billion, hitting an all-time high," and "due to price increases, assets under management (AUM) have also risen by 82% compared to last year, setting a new record at $32.6 billion."

Bitcoin (BTC) products attracted $260 million, ranking second. The report added, "Last week, Bitcoin products reversed two consecutive weeks of net outflows," and "short (sell) Bitcoin products recorded a net outflow of $4 million."

Major altcoins also showed positive momentum. XRP and Solana (SOL) each saw net inflows of $18.4 million and $21.6 million, respectively.

By country, the United States led with strong inflows. U.S.-based virtual asset products alone recorded net inflows of approximately $608 million, while Canada and Australia saw inflows of $16.5 million and $7.9 million, respectively. On the other hand, Germany, Sweden, and Brazil posted net outflows of $33.5 million, $16.5 million, and $2.5 million, respectively.