Digital Asset Investment Products See $3.4B Inflow, Bitcoin Leads With $3.18B

Last week saw a significant inflow of $3.4 billion into digital asset investment products, marking the highest level since mid-December 2024 and the third-highest weekly inflow on record. This surge in investment highlights a renewed interest and confidence in the digital asset market.

Bitcoin investment products were the primary beneficiaries of this inflow, attracting $3.18 billion. This substantial investment has pushed Bitcoin's total assets under management (AUM) to $132 billion, the highest level since the end of February. This indicates a strong bullish sentiment towards Bitcoin, as investors continue to pour funds into the leading cryptocurrency.

Ethereum investment products, which had experienced eight consecutive weeks of outflows, saw a reversal with inflows of $183 million last week. This turnaround suggests that investors are regaining confidence in Ethereum, possibly due to recent developments or market trends.

Among the altcoins, Solana was the only one to experience outflows, totaling $5.7 million. In contrast, Sui and XRP saw inflows of $20.7 million and $31.6 million, respectively. This varied performance among altcoins indicates a selective approach by investors, who are likely focusing on specific projects or tokens based on their perceived potential and market conditions.

The overall inflow into digital asset investment products reflects a broader trend of increasing institutional and retail interest in the digital asset market. The significant investment in Bitcoin and the resurgence of Ethereum suggest that these two major cryptocurrencies remain the primary focus for investors. The mixed performance of altcoins highlights the need for careful selection and analysis when investing in this segment of the market.