Cryptocurrency investment products are showing significant growth, attracting over $1 billion in the last week, underscoring positive market dynamics.
Reasons for Record Growth
Continuous inflows have primarily fueled the record total assets under management (AUM), reaching $188 billion. Bitcoin-focused products enjoyed positive momentum for four consecutive weeks, although inflows decreased to $790 million, below the $1.5 billion average from the previous three weeks. This slowdown indicates tempered demand as Bitcoin approaches historic peaks.
Leaders Among Investors
Approximately 96% of these inflows originate from the United States, confirming its status as a global leader in crypto investments. The attractiveness of the U.S. is driven by its regulatory framework and wide range of fund options. Germany and Switzerland maintained consistent investment levels, while Canada and Brazil faced outflows.
Trends in Altcoin Market
Ethereum-based investment products also saw robust growth, recording $226 million in inflows over 11 weeks. This trend signifies a gradual investor pivot towards Ethereum, which holds the position as the largest altcoin. The focus on altcoin investments like Solana and XRP has drawn slight inflows, while minor outflows were seen from multi-asset portfolios.
The persistent inflows totaling $18 billion over the last 12 weeks highlight institutional interest in the crypto market, characterized by selective asset allocation and growing confidence among investors.
