tl;dr
Last week, digital asset investment products saw $1.04 billion in inflows, marking twelve consecutive weeks of gains and totaling $18 billion. Assets under management reached a record $188 billion, with trading volumes steady at $16.3 billion. Ethereum led inflows with $226 million over eleven weeks...
Last week, digital asset investment products experienced robust inflows totaling $1.04 billion. This marks the twelfth consecutive week of positive momentum, bringing total inflows to an impressive $18 billion. Alongside these inflows, price increases propelled total assets under management (AUM) to a new record high of $188 billion. Trading activity remained steady, with volumes reaching $16.3 billion, consistent with the average observed so far this year.
Ethereum led the charge in proportional inflows, according to CoinShares’ Digital Asset Fund Flows Weekly Report. Bitcoin investment products attracted $790 million in inflows last week, down from a three-week average of $1.5 billion, signaling growing investor caution as Bitcoin approaches its all-time highs. Supporting this cautious mood, short-Bitcoin products saw a slight inflow reversal with $0.4 million coming in. Ethereum, by contrast, enjoyed its eleventh consecutive week of inflows, adding $226 million and totaling $2.85 billion for this streak. Ethereum’s weekly inflows averaged 1.6% of its AUM, doubling Bitcoin’s 0.8%, indicating a clear shift in investor sentiment toward Ethereum.
Other notable performers included Solana, which attracted $21.6 million in inflows, followed by XRP with $10.6 million and Sui at $1.6 million during the same period. Chainlink and Cardano also showed healthy interest, drawing in $0.5 million and $0.4 million respectively. The multi-asset product category stood out negatively, with outflows totaling $12.4 million, the only segment in the red for the week.
Geographically, the United States led regional inflows with a substantial $1 billion injection. Germany and Switzerland followed, with inflows of $38.5 million and $33.7 million, respectively. Australia saw a modest gain of $4.1 million. On the flip side, Canada and Sweden faced investor withdrawals, losing $29.3 million and $19.2 million, respectively. Brazil and Hong Kong also saw capital leaving, with outflows of $9.7 million and $3 million, highlighting a notable regional divergence in sentiment within the digital asset space.