Global crypto investment products saw $3.17 billion net inflows last week

Last week, $3.17 billion (KRW 4.5268 trillion) flowed into global crypto (cryptocurrency) investment products.

On the 13th (local time), CoinShares said in a report, "Last week, crypto investment products saw net inflows of $3.17 billion," adding, "Despite the intensifying trade tensions between the United States and China, net inflows persist," and "Year-to-date inflows have reached $48.7 billion."

Trading volumes also surged. The report said, "Last week's weekly trading volume for crypto ETPs was $53 billion, a record high," and "This is double the average weekly trading volume so far this year." However, total assets under management (AUM) were $242 billion, down 7% from the previous week.

By asset, Bitcoin (BTC) products recorded the largest inflows. Bitcoin saw $2.67 billion come in, marking a record year-to-date inflow ($30.2 billion). Ethereum (ETH) received $338 million. However, the report said, "On the 10th, Ethereum saw outflows of $172 million, the largest outflow amount," and "it is one of the most vulnerable crypto assets in this downturn."

Major altcoins showed positive flows. Solana (SOL)-based investment products saw net inflows of $93 million last week. XRP also saw inflows of $61.6 million and showed a good trend.

By country, U.S.-origin inflows were strong. U.S.-based crypto products alone saw net inflows of about $3.012 billion, and Germany and Switzerland saw inflows of $53.5 million and $132 million, respectively. Meanwhile, Sweden and Hong Kong saw outflows of $22 million and $9.3 million, respectively.