Recent findings from CoinShares highlight significant growth in crypto investment products, continuing a trend of net inflows.
Investor Preferences for Bitcoin and Altcoins
Bitcoin (BTC) remains a dominant choice, comprising 83% of the weekly total inflow, equal to $2.2 billion. Reflecting this bullish sentiment, there was a $2.9 million outflow from short Bitcoin products, accumulating a total of $12 million outflow since the beginning of the year.
US Dominance in Regional Fund Flows
The United States led the regional inflows with a net of $2.65 billion. In contrast, Switzerland saw $23 million, and Germany $19.8 million, indicating much smaller-scale inflows. Meanwhile, Canada reported a $13.6 million outflow, and Hong Kong experienced a notable outflow of $2.3 million.
Market Analysis of Cryptocurrencies
Ethereum (ETH) investment products gained substantial traction as well, with a notable inflow of $429 million. Since the start of the year, Ethereum has attracted over $2.9 billion in net investments. Conversely, major altcoins like Solana had more modest inflows, totaling just $91 million since the beginning of the year.
Overall, the cryptocurrency market shows a concentration of investor capital in Bitcoin and Ethereum products, while regional fund distribution highlights differing risk perceptions and regulatory environments.
