Last week, investment products in digital assets recorded a historic inflow of $3.75 billion, marking the fourth-largest weekly inflow on record.
Ethereum Leads the Inflows
The largest inflow was seen in Ethereum, which drew $2.87 billion, approximately 77% of total weekly inflows. This brings Ethereum’s year-to-date inflows to a record $11 billion. On August 13, Ethereum climbed past $4,782, coming within 6% of its all-time high of $4,891.
U.S. Investors Drive Most Inflows
Nearly all recent crypto inflows, totaling $3.73 billion, came from the United States, indicating a significant appetite for digital assets. Investors are regaining confidence, reallocating funds into Ethereum and other leading assets. Other countries contributed much smaller amounts, including Canada ($33.7 million) and Hong Kong ($20.9 million).
Overview of Inflows and Outflows by Assets
While Bitcoin recorded inflows of $552 million, other assets like Solana (SOL) and XRP also saw significant inflows of approximately $176.5 million and $125.9 million, respectively. However, Litecoin (LTC) and The Open Network (TON) experienced minor outflows.
The recent surge in inflows into digital assets emphasizes a renewed interest from investors, particularly in Ethereum, which may indicate further trends in the future.