Weekly Crypto Fund Inflows Reach $785M, Led by Bitcoin and Ethereum
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Digital asset investment products have recorded their fifth consecutive week of positive inflows, signaling sustained investor interest in crypto assets despite lingering macroeconomic uncertainty. According to CoinShares, inflows into crypto-related investment vehicles totaled $785 million in the past week. This brings year-to-date inflows to $7.5 billion, officially surpassing the previous record of $7.2 billion set in February 2024. Ethereum Gains Momentum While Solana Sees Minor Setback Ethereum emerged as a key driver of last week’s fund flows, attracting $205 million in inflows. This marks a strong recovery for the network and brings Ethereum’s year-to-date total to $575 million. CoinShares head of research, James Butterfill attributes the recent investor interest to the successful deployment of the Pectra upgrade and the leadership changes at the Ethereum Foundation, including the appointment of Tomasz Stańczak as co-executive director. These developments appear to have renewed investor optimism around Ethereum’s technical roadmap and long-term viability. Bitcoin remained the dominant asset in terms of overall inflows, pulling in $557 million during the week. However, this figure represents a slight decline from the prior week’s activity, possibly influenced by hawkish commentary from the US Federal Reserve regarding interest rate policy, according to Butterfill Crypto asset fund flows. | Source: CoinShares Additionally, short-Bitcoin investment products saw their fourth consecutive week of inflows, totaling $5.8 million. This suggests that some investors remain cautious, hedging their exposure amid continued price fluctuations. While most major digital assets saw positive movement, Solana was the only listed exchange-traded product (ETP) to record net outflows, with $890,000 exiting the market. This could reflect profit-taking following its earlier price surge or changing investor sentiment in response to recent developments within the Solana ecosystem. Asia Shows Renewed Interest As Regional Trends Diverge James Butterfill,…