The cryptocurrency investment sector experienced an unprecedented surge last week, with $3.85 billion in digital asset inflows, surpassing the previous record.
Year-to-Date Growth and Record Highs
According to CoinShares, the inflow of $3.85 billion for the week of December 2–6 brought YTD inflows to $41 billion. This resulted in a new all-time high of $165 billion in total AUM. Despite Bitcoin's strong performance with minimal inflows of $6.2 million in short products, Ethereum saw a record $1.2 billion weekly inflow.
Regional Inflows: The U.S. Dominates
The U.S. led global inflows with $3.6 billion of the total $3.85 billion for the week, driven by Bitcoin surpassing $100k. Other notable contributions came from Switzerland ($160 million), Germany ($116 million), Canada ($14 million), and Australia ($10 million).
Despite the overall surge in cryptocurrency interest, assets like Solana continue to face outflows. Nevertheless, overall optimism in the cryptocurrency market remains high.
