Crypto Investment Products Attract $644M in Weekly Inflows

• Digital asset inflows hit $644M after five weeks of outflows.
• Bitcoin saw $724M in inflows, reversing major losses.
• Ethereum faced $86M in outflows, while Solana gained $6.4M.

Digital asset investment products have experienced a major turnaround, recording $644 million in inflows last week. This marks the end of a five-week streak of outflows, signaling renewed investor confidence in the crypto market.

The surge in inflows was led by Bitcoin, which pulled in $724 million, reversing a massive $5.4 billion in outflows that had accumulated over recent weeks. This suggests that institutional and retail investors are regaining optimism about Bitcoin’s future potential, particularly with growing anticipation around Bitcoin ETFs and broader market recovery.

Bitcoin Leads While Ethereum Struggles

Bitcoin wasn’t the only digital asset making headlines. Despite the positive trend overall, Ethereum saw significant outflows of $86 million, indicating that investor sentiment toward ETH remains cautious. The contrast between Bitcoin’s strong inflows and Ethereum’s continued outflows highlights a shifting dynamic in investor preference.

Meanwhile, Solana managed to attract $6.4 million in inflows, showing steady support from investors. Other notable assets like Polkadot (POL) and Chainlink (LINK) also recorded modest inflows, contributing to the overall positive momentum in the crypto investment space.

What This Means for Crypto Investors

The recent shift from outflows to inflows suggests a broader market recovery could be underway. Bitcoin’s strong rebound is often seen as a bellwether for the crypto market, and its performance could drive renewed interest in digital assets. However, Ethereum’s continued struggles indicate that not all assets are equally favored at the moment.

Investors will likely keep a close watch on future market trends and inflow data, using them as key indicators of confidence in the ongoing crypto rally.