Inflows Surge
Digital asset manager CoinShares reports that institutional investors poured a staggering $2 billion into crypto products last month.
Weekly Flows
Last week, digital asset investment products saw $185 million in inflows, bringing the total year-to-date inflows to over $15 billion.
Regional Breakdown
The US led the way with $130 million in inflows, followed by Switzerland ($36 million) and Canada ($25 million).
Bitcoin Dominance
Bitcoin (BTC) remains a favorite among investors, with $148 million in inflows last week. Short-BTC products saw outflows of $3.5 million.
Ethereum Reversal
Ethereum (ETH) products experienced a significant turnaround, attracting $33.5 million in inflows last week. This reverses a 10-week outflow trend totaling $200 million.
Other Altcoins
Solana (SOL) saw $5.8 million in inflows, while Chainlink (LINK), XRP, Litecoin (LTC), and Cardano (ADA) also received modest inflows.
