Recent data from CoinShares indicates that digital asset investment products continue to attract funds, marking 12 weeks of positive inflows totaling $1.04 billion, raising the cumulative total to $18 billion.
Investment Flows in Bitcoin and Ethereum
In the latest week, Bitcoin investment products captured $790 million in inflows, a significant decrease from the $1.5 billion average seen in the previous three weeks. This slowdown in inflows suggests that investor sentiment may be stabilizing as Bitcoin approaches its record high of over $111,000.
In contrast, Ethereum investment products have demonstrated stronger relative performance, recording $226 million in inflows this week, marking 11 consecutive weeks of positive flows totaling approximately $2.85 billion.
Geographic Preferences of Investors
The largest contributions to recent inflows were seen from US investors, who added $1 billion, reflecting sustained institutional interest. European markets also posted positive contributions, with Germany accounting for $38.5 million and Switzerland adding $33.7 million. However, negative trends were observed in other regions, with Canada experiencing outflows of $29.3 million and Brazil recording $9.7 million.
Market Dynamics and Potential Changes
The CoinShares report noted that assets under management reached a record high of $188 billion, with $16.3 billion in weekly trading volume. Analysts highlight that sustained interest in digital assets persists despite price volatility and macroeconomic uncertainties. Should Ethereum's proportional inflows continue to outperform Bitcoin, this may affirm increasing interest in altcoins.
CoinShares' data underscores the maturation of institutional interest in digital assets, emphasizing not only the sustained inflow of funds but also the shifting preferences among investors. The ongoing 12-week positive streak may pave the way for further changes in asset allocation between Bitcoin and Ethereum.
