Digital Assets Accumulate Third-Strongest Weekly Inflows of $3.4 Billion as Investors Pursue Secure Assets: CoinShares Redefined
Brace Yourself, Wall Street! 💸 🚀
There's a brand-new fad taking financial markets by storm, and today, it's all about digital assets. Crypto investment products are setting records left and right, thanks to a thriving market and ever-growing investor interest, according to a recent report from CoinShares.
Last week's inflows clocked in at around $3.4 billion, marking the third-largest weekly inflows since December 2024, and it seems these impressive numbers aren't going anywhere soon. What's behind this digital gold rush? Many experts are pointing towards investor concerns over tariffs and a weakening US dollar as the catalyst for the recent surge.
"Digital asset investment products saw inflows totaling US$3.4bn last week, the largest inflows since mid-December 2024 and the 3rd largest weekly inflows on record. We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned towards digital assets, which are being seen as an emerging safe haven."*
When it comes to specific assets, Bitcoin's reign remains uncontested, as the leading coin raked in a whopping $3.2 billion in inflows. Short-Bitcoin products only saw minor inflows of $1.6 million in comparison. Ethereum also saw a rebound with $183 million in inflows after eight consecutive weeks of outflows. Interestingly, Solana was the sole altcoin to experience outflows, with $5.7 million leaving the market.
US investors led the way, contributing the entire $3.4 billion in inflows, while Germany and Switzerland added $41 million and $51 million in inflows respectively, possibly representing separate regional totals.
Whether you're an investor, cryptocurrency enthusiast, or just curious to get up-to-speed on the latest happenings in blockchain and digital asset markets, head over to The Daily Hodl for the most accurate and timely industry news and analysis. Stay tuned for the latest price action, follow us on X, Facebook, and Telegram, and don't miss a beat. Happy HODLing! 🤗 📈
Source: The Daily Hodl
| Bitcoin | Inflows | $3.2 billion ||-----------|-----------|-----------------------|| Ethereum | Inflows | $183 million || Altcoins | Mixed | Sui and XRP saw inflows; Solana experienced outflows || Region | US | $3.4 billion, Germany and Switzerland ~$100 million |
- The steep influx of funds into cryptocurrency investment products last week marks the third-largest since December 2024, totaling a significant $3.4 billion, largely attributed to US investors.
- Undeniably, Bitcoin, the leading coin, garnered a substantial $3.2 billion in inflows, while Ethereum rebounded with $183 million in inflows, contrasting the downtrend witnessed in Solana, which experienced outflows of $5.7 million.
- This dynamic landscape within the cryptocurrency market is being closely watched by finance enthusiasts and experts alike, who find interest in altcoins such as Sui and XRP that displayed positive inflows.
- Blockchain and digital asset market analysts are closely following the trend as more investors flock into the sector, viewing it as an emerging safe haven, possibly due to concerns over tariffs and the weakening US dollar.
- Though the altcoin market saw mixed results, it's worth noting that the focus on digital assets, specifically Bitcoin and Ethereum, continues to intensify, with significant investments pouring into this burgeoning cryptocurrency domain.
