Amid escalating geopolitical conflicts, cryptocurrency products, including ETFs and leveraged instruments, have seen significant inflows of investments.
General Inflow Metrics
Last week, cryptocurrency products attracted $1.9 billion, marking the ninth consecutive week of net inflows. Year-to-date totals have reached a record $13.2 billion, with total crypto assets under management exceeding $179 billion.
Top Inflow Leaders
According to the latest report by CoinShares, Bitcoin led with inflows of over $1.3 billion, followed by Ethereum with $583.3 million. XRP came in third with $11.8 million in inflows.
Institutional Interest in Digital Assets
Increasing inflows reflect a growing interest from traditional finance giants. BlackRock's ETFs in the U.S. are responsible for nearly 70% of total weekly inflows, while other issuers like Grayscale and Fidelity play a secondary role. James Butterfill, Head of Research at CoinShares, noted that "despite concerns over risk assets, digital assets remain resilient, attracting inflows alongside gold."
The growing inflows into cryptocurrency products demonstrate an increasing institutional interest in digital assets, despite uncertainties in traditional markets.