Last week crypto investment products saw total inflows of $6.19 billion, signaling renewed investor optimism. Data cited by The Crypto Basic from CoinShares show initial inflows of $1.44 billion at the start of the week, followed by a $829 million outflow on Thursday and Friday, which shifted market sentiment.
Bitcoin led the activity with $521 million in inflows, helping lift year-to-date inflows by $1.17 billion. Ethereum and Solana also attracted demand, pulling in $88.5 million and $14.6 million respectively, while XRP posted a $30.3 million outflow, indicating a temporary pullback after weeks of counter-movement to Bitcoin.
Regionally, the United States accounted for the largest inflow at $646 million, underscoring its market leadership. Europe and Asia saw modest outflows of $23.8 million and $2.2 million, respectively, with Canada recording a $3.6 million outflow.
Leave a Reply