Ethereum Smashes Previous Inflow Records with a Weekly Pull of $2.12 Billion

Ethereum led digital asset inflows with a record-breaking $2.12 billion last week, contributing to a total digital asset investment product inflow of $4.39 billion, the highest ever recorded. This has been revealed in the latest 'Digital Asset Fund Flows Weekly Report.' Over the past 13 weeks, Ethereum has accounted for 23% of total assets under management, pulling in $6.2 billion this year alone.

Meanwhile, Bitcoin saw a decrease in inflows to $2.2 billion, and altcoins like Solana, XRP, and Sui also saw significant inflows. This shift indicates a growing investor interest in assets other than Bitcoin. The market was primarily driven by the US, with other countries also showing significant inflows and outflows.