Bitcoin Leads as Crypto Investment Products Record $2B in Net Inflows
Investment products tied to cryptocurrencies registered their third consecutive week of inflows, with Bitcoin emerging as the biggest winner. Data from CoinShares shows that crypto investment products saw another week of net inflows. Last week, they saw a total inflow of $2.02 billion, bringing the total inflows over the past three weeks to $5.5 billion. This marks a major shift in investors sentiment over the past few weeks, indicating they are now committing funds to these investment products. Before this shift, the market saw outflows for three consecutive weeks from late March to mid-April, driven by the global tariff war. However, since Donald Trump announced a 90-day pause on reciprocal tariffs, investors confidence in crypto products soared. Accordingly, the market ended the subsequent weeks with positive flows.. Bitcoin Gulps $1.84B Inflow Last week was no exception, as crypto investment products registered a net inflow of $2 billion. As a result, the total YTD inflows soared to $5.6 billion, while the total AUM climbed to $156.34 billion. Meanwhile, Bitcoin reaffirmed its position as the entry point for new crypto investments. The firstborn crypto asset recorded a net inflow of around $1.84 billion last week, boosting Bitcoins YTD inflows to $5.57 billion. The premier cryptocurrency boasts an AUM of $136.46 billion. Ethereum followed Bitcoin closely, with a weekly inflow of $149 million. This marks Ethereums second week of inflows. Moreover, its MTD and YTD inflows rose to $36 million and $551 million, respectively. The data also shows that the AUM across Ethereum investment products totaled $9.58 billion. Other crypto assets, such as XRP, Short Bitcoin, Solana, and Cardano, saw inflows of $10.49 million, $6.4 million, $6.03 million, and $1.16 million, respectively. Multi-asset and Sui saw investments of $1.86 million and $300,000, respectively.
Text source: The Crypto Basic
