Digital Asset Investments Rebound with $572M Inflows

Digital asset investment products rebounded with $572M in inflows last week, driven by Bitcoin and Ethereum gains and U.S. approval for crypto in 401(k) plans. Bitcoin and Ethereum led the market recovery, with Ethereum reaching $4,000 for the first time since December 2024. Altcoins like Solana and XRP also attracted notable inflows, indicating persistent investor interest.

Title: Digital Asset Investment Products Rebounds with $572M Inflows

Digital asset investment products experienced a significant rebound last week, attracting $572 million in inflows, primarily driven by Bitcoin and Ethereum gains, along with the U.S. approval for crypto in 401(k) plans. This resurgence follows a week of early outflows totaling $1 billion, which were likely driven by growth concerns stemming from weak US payroll figures. However, the latter half of the week saw a remarkable $1.57 billion in inflows, likely spurred by the government’s announcement permitting digital assets in 401(k) retirement plans.

Ethereum ETPs led the market with $268 million in inflows, pushing year-to-date inflows to a new record of $8.2 billion and total assets under management (AUM) to an all-time high of $32.6 billion, up 82% this year. Bitcoin regained momentum with $260 million in inflows, while altcoins Solana, XRP, and Near posted inflows of $21.8 million, $18.4 million, and $10.1 million, respectively.

Regionally, the US and Canada recorded inflows of $608 million and $16.5 million, respectively, while Europe remained bearish, with Germany, Sweden, and Switzerland combined seeing outflows totaling $54.3 million. The US approval for digital assets in 401(k) plans significantly boosted investor confidence, leading to a remarkable $1.57 billion in inflows during the latter half of the week.

The digital asset investment market saw a remarkable turnaround, attracting $572 million in new investments last week. This surge was primarily fueled by Bitcoin and Ethereum gains, along with the U.S. approval of digital assets in 401(k) retirement plans. The recent U.S. policy change permitting digital assets in 401(k) plans significantly boosted investor confidence, leading to a remarkable $1.57 billion in inflows during the latter half of the week, highlighting the growing institutional interest in cryptocurrencies.

References:
1. [https://blog.coinshares.com/volume-246-digital-asset-fund-flows-weekly-report-5639762a210a](https://blog.coinshares.com/volume-246-digital-asset-fund-flows-weekly-report-5639762a210a)
2. [https://en.coinotag.com/bitcoin-and-ethereum-drive-572-million-rebound-in-digital-asset-investments-amid-u-s-401k-approval/](https://en.coinotag.com/bitcoin-and-ethereum-drive-572-million-rebound-in-digital-asset-investments-amid-u-s-401k-approval/)
3. [https://cryptorank.io/news/feed/6f419-trump-to-sign-order-allowing-crypto-in-401k-retirement-plans](https://cryptorank.io/news/feed/6f419-trump-to-sign-order-allowing-crypto-in-401k-retirement-plans)