Crypto Floodgates Open: $3.3B Pours Into Digital Assets as Bitcoin Leads Charge

Wall Street’s favorite volatile asset class just hit a staggering milestone—$3.3 billion in weekly inflows. Guess who’s hogging the spotlight? Bitcoin, naturally.

The king of crypto accounted for the lion’s share of the haul, proving yet again that institutional players still treat altcoins like a speculative side show. Meanwhile, traditional finance veterans clutch their pearls—and their spreadsheets.

Funny how these inflows always spike after a brutal correction. Almost like clockwork... or desperation.

Surge in Digital Asset Inflows

In a significant development for the digital asset market, inflows reached a remarkable $3.3 billion last week, pushing the year-to-date (YTD) total to an unprecedented $10.8 billion, as reported by CoinShares. The surge in inflows has also propelled the total assets under management (AuM) to a peak of $187.5 billion, a new all-time high.

Bitcoin Dominates Inflows

Bitcoin (BTC) emerged as the frontrunner, attracting $2.9 billion in inflows. This substantial amount represents a quarter of the total inflows recorded for 2024. Interestingly, short-Bitcoin products also saw significant interest, with $12.7 million in inflows, marking the highest weekly inflow since December 2024.

Ethereum and XRP Trends

Ethereum (ETH) continued its positive trend, garnering $326 million in inflows, the most in 15 weeks. This marks the fifth consecutive week of gains for Ethereum, reflecting improving market sentiment. Conversely, XRP experienced a setback as its 80-week inflow streak ended with a record outflow of $37.2 million.

Global Investment Patterns

The United States led the global inflow figures, contributing $3.2 billion. Other regions, including Germany, Australia, and Hong Kong, also showed substantial investments with $41.5 million, $10.9 million, and $33.3 million respectively. Meanwhile, Swiss investors opted to capitalize on recent price gains, resulting in $16.6 million in outflows.

Analysts suggest that the inflows are partly driven by investor concerns over the US economy, following Moody’s downgrade and a subsequent rise in treasury yields. This has led to a diversification strategy favoring digital assets, which are perceived as a hedge against traditional economic uncertainties.

For more detailed insights, visit the CoinShares website.

• digital assets
• bitcoin
• investment