Crypto Inflows Hit $1B for 12th Straight Week

Digital asset investment products saw $1.04B inflows, led by Bitcoin and Ethereum, marking 12 weeks of consistent growth.

  • $1.04B flowed into crypto products last week
  • Bitcoin led with $790M in inflows
  • Ethereum’s inflows reached $226M

Digital asset investment products recorded $1.04 billion in inflows last week, continuing a 12-week streak of positive momentum. This growing trend shows sustained investor confidence in cryptocurrencies, especially major ones like Bitcoin and Ethereum.

The continued inflows reflect a broader institutional interest in crypto as a long-term asset class. Weekly average inflows now make up a significant share of total assets under management (AuM), especially for Ethereum.

Bitcoin and Ethereum Lead the Charge

Bitcoin remained the top choice for investors, drawing in $790 million in inflows. This surge highlights Bitcoin’s dominant role in the digital asset space and its growing appeal among large-scale investors.

Ethereum followed with a solid $226 million, a notable figure given the platform’s lower overall AuM compared to Bitcoin. Interestingly, Ethereum’s average weekly inflows over the last 11 weeks represent 1.6% of its AuM, double that of Bitcoin’s 0.8%. This suggests growing investor interest in Ethereum’s broader utility and future potential.

What This Means for the Market

Twelve consecutive weeks of positive inflows is a strong signal. It points to increased trust and long-term interest in crypto markets, possibly driven by macroeconomic factors, clearer regulations, or improved infrastructure. As institutional adoption rises, this could be just the beginning of a new growth cycle for digital assets.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button