Last week saw a significant inflow of funds into cryptocurrency investment products. Coinshare reports on the impact of this data on the crypto market.
Key Cryptocurrency Data
According to a report from Coinshares, cryptocurrency investment products experienced an inflow of $3.4 billion last week. This is the largest inflow since mid-December 2024 and the third largest on record.
Investments in Individual Cryptocurrencies
Bitcoin was the leading asset, attracting $3.18 billion in inflows. Ethereum recorded an inflow of $183 million after an eight-week streak of outflows. Other altcoins, apart from Solana, saw modest inflows, with Solana experiencing an outflow of $5.7 million.
Regional Inflows and Outflows
Looking at regional data, the USA led in inflows with $3.3 billion. Germany and Switzerland also showed positive results with inflows of $51.5 million and $41.4 million, respectively. Canada and Brazil, in contrast, experienced small outflows.
The week ends on a high note with significant activity in cryptocurrency markets, with Bitcoin at the forefront. The Coinshares report shows that demand for crypto products remains robust.
