According to CoinShares, crypto funds recorded a significant influx of $3.7 billion over the past week, marking the second-largest weekly inflow in history.
Bitcoin and Ethereum Lead Asset Inflows
Bitcoin led in asset inflows with $2.731 billion for the week and $3.450 billion for the month. Year-to-date, inflows totaled $18.449 billion, with assets under management hitting $179.547 billion.
Ethereum also showed positive results with its 12th consecutive week of inflows totaling $990.4 million. Monthly inflows reached $1.192 billion with year-to-date flows hitting $4.076 billion, pushing assets under management to $19.681 billion.
Regional Flows Show US Dominance
The US held the highest inflow for the week at $3.738 billion, with total assets under management hitting $160.698 billion. In contrast, Germany faced significant outflows of $85.7 million. However, year-to-date flows for Germany remained positive at $1.015 billion.
Provider Flows Show Mixed Results
iShares ETFs led provider flows with a total weekly inflow of $2.434 billion. However, Grayscale Investments faced outflows of $1.508 billion year-to-date. Overall, total recent inflows reached $3.717 billion, confirming market activity.
The trends observed in the crypto fund market highlight sustained investor interest in Bitcoin and Ethereum, as well as significant regional factors influencing inflows. Total assets under management have reached new heights, indicating continued growth in interest in digital assets.