TL;DR
- Digital asset funds welcomed a record $1.03 billion in inflows last week, marking the 12th straight week of net gains and lifting AuM to an all-time high of $188 billion.
- The US dominated flows with roughly $1 billion of new capital, while Canada and Brazil experienced outflows of $29.3 million and $9.7 million amid mixed regional sentiment.
- Ethereum extended its inflow streak to 11 weeks, adding $226 million last week and attracting 1.6% of its AuM, double Bitcoin’s 0.8% rate, signaling growing confidence in smart-contract use cases.
Digital asset investment products enjoyed a remarkable surge last week, welcoming $1.03 billion in fresh inflows. This influx marked the 12th consecutive week of positive flows and propelled total assets under management to an all-time high of $188 billion. Trading volumes held steady at $16.3 billion, in line with the year-to-date weekly average, underscoring robust market participation amid strengthening macroeconomic confidence.
US Dominates, Canada, and Brazil Show Diverging Sentiment
Geographic trends revealed a strong U.S. appetite for digital assets, with American funds attracting roughly $1 billion of net new capital. Germany and Switzerland followed at a distance, registering inflows of $38.5 million and $33.7 million, respectively. In contrast, sentiment in Canada and Brazil softened, with outflows of $29.3 million and $9.7 million. These regional disparities point to nuanced investor sentiment driven by local regulatory climates and broader economic outlooks.
Bitcoin’s Inflows Slow as Prices Near Records
Bitcoin products saw $790 million in net inflows last week, a pullback from the $1.5 billion weekly average over the previous three weeks. While still substantial, the moderation suggests that some investors are exercising caution as Bitcoin approaches historic price peaks.
With supply dynamics tightening and institutional narratives around this digital asset expanding, the legacy asset remains a key bellwether, but momentum appears to be shifting as traders look for fresh catalysts.
Ethereum’s Momentum Strengthens Investor Confidence
Ethereum continued its 11-week streak of inflows, drawing in $226 million last week and accumulating $2.85 billion over the period. On a proportional basis, Ethereum has attracted 1.6% of its total AuM in weekly inflows, double Bitcoin’s 0.8% rate, highlighting a growing preference for the smart contract pioneer.
The strength of Ethereum’s inflows signals rising optimism around decentralized applications, upcoming protocol upgrades, and the maturation of the spot ETF landscape.
Digital assets are clearly in favor, with Ethereum outpacing Bitcoin and broadening the narrative around blockchain innovation. As markets await further regulatory clarity and major network upgrades, the next few weeks could be pivotal in determining whether this inflow streak extends or gives way to more selective capital deployment.
