Record Inflows for Crypto Investment Products

Crypto investment products recorded their largest weekly inflows on record, totaling over $3.85 billion, according to CoinShares.

This surge brings the year-to-date (YTD) net inflows to $41 billion, with total assets under management (AuM) reaching an all-time high of over $165 billion.

> “Digital asset investment products saw the largest weekly inflows on record last week, smashing the prior record set just a few weeks ago,” said CoinShares Head of Research James Butterfill in a blog post.

Regional Inflows

The U.S. led the inflows with $3.6 billion, followed by:
– Switzerland: $160 million
– Germany: $116 million
– Canada: $14 million
– Australia: $10 million

Bitcoin and Ethereum Performance

Bitcoin captured the largest share of these inflows, totaling $2.5 billion and bringing its YTD inflows to $36.5 billion. Butterfill remarked that “short bitcoin products saw tepid inflows of $6.2 million,” indicating cautious investor sentiment amid strong price momentum.

U.S.-based funds accounted for $2.74 billion of the total net inflows over the week, according to data from The Block.

Ethereum products also achieved record-high weekly inflows of $1.2 billion, surpassing those from ETF launches in July. Conversely, Solana experienced $14 million in outflows, marking its second consecutive week of losses.

Current Market Status

At the time of publication, bitcoin was trading at $100,536, marking a 1% increase over the past 24 hours and a 4.7% rise over the past week. The GMCI 30 index, representing the top 30 cryptocurrencies, fell 1.79% over the last day, settling at 215.26.