Institutional investors are showing a strong appetite for crypto, particularly Ethereum. A recent report reveals massive investment in digital assets.
Millions Pouring In
Over the past seven weeks, a whopping $10.9 billion flowed into institutional digital asset investment products. While last week saw a slight dip in inflows ($286 million), the overall trend remains bullish. However, the total assets under management (AUM) dipped slightly from record highs due to market volatility related to uncertainty around US tariffs.
Ethereum’s Winning Streak
Ethereum (ETH) is a clear winner, experiencing six straight weeks of inflows, totaling a massive $1.19 billion. Last week alone saw $321 million poured into ETH products. This is in stark contrast to XRP, which saw outflows for the second week in a row.
Surprising Bitcoin Dip
Surprisingly, Bitcoin (BTC) saw outflows last week, despite the overall market showing inflows. This reversal came after a strong start to the week, which was followed by a mid-week shift due to a court decision regarding US tariffs. Bitcoin had previously enjoyed six consecutive weeks of inflows totaling $9.6 billion.
Regional Breakdown
The US led the way in institutional inflows, with $199 million. Hong Kong, Germany, and Australia also saw significant inflows, while Switzerland was one of the few regions to experience outflows.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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