Digital Asset Inflows Surge: $1.9 Billion Driven by Altcoin ETF Anticipation

Digital asset investment products continue their impressive run, recording $1.9 billion in inflows last week, according to CoinShares. This marks the 15th consecutive week of inflows, bringing the year-to-date total to a staggering $22.14 billion. While Bitcoin investment products saw modest outflows of $175 million, Ethereum (ETH) experienced a surge, with a record-breaking $1.59 billion inflow, its second-largest ever. Other altcoins like Solana ($311 million) and XRP ($189 million) also benefited from increased investor interest. CoinShares suggests the altcoin inflows are primarily driven by anticipation of upcoming US spot ETFs rather than a general improvement in overall market sentiment. This indicates investors are strategically positioning themselves to capitalize on potential future ETF approvals beyond Bitcoin. The trend highlights a growing appetite for diversified digital asset exposure through regulated investment vehicles. ```