According to CoinShares: Digital asset investment products attracted $226 million in inflows last week, marking nine consecutive trading days of positive sentiment and signaling a cautious recovery among investors. The trend follows a period of record-breaking outflows, with only a slight setback on Friday when $74 million in outflows were recorded, likely triggered by unexpectedly high U.S. core personal consumption expenditure (PCE) data that may influence the Fed’s stance on interest rates.
Bitcoin Dominates, Short BTC Sees Outflows
Bitcoin (BTC) remained the top performer, drawing $195 million in inflows, reinforcing its role as the dominant digital asset for institutional exposure. In contrast, short-Bitcoin products saw $2.5 million in outflows for the fourth consecutive week, suggesting bearish bets are fading amid long-term optimism.
However, despite this recovery, total assets under management (AUM) for global Bitcoin exchange-traded products (ETPs) have dipped to $114 billion, their lowest since shortly after the U.S. presidential election.
Altcoins Break Losing Streak with $33M Inflows
Altcoins posted a notable turnaround, securing $33 million in inflows after four consecutive weeks of outflows totaling $1.7 billion. Leading the rebound:
Ethereum (ETH): $14.5 million
Solana (SOL): $7.8 million
XRP: $4.8 million
Sui (SUI): $4.0 million
This marks the first week of positive flows for altcoins in over a month, highlighting renewed confidence in Layer-1 ecosystems and payment tokens.
Regional Breakdown
All major regions contributed to the positive trend:
United States: $204 million
Switzerland: $14.7 million
Germany: $9.2 million
Minor outflows were recorded in:
Hong Kong: $2.1 million
Brazil: $1.3 million
Outlook
The inflows suggest investor sentiment is turning cautiously optimistic, even as macroeconomic uncertainty—driven by inflation data and Federal Reserve policy—continues to cloud short-term outlooks. If this momentum sustains, altcoins may continue their recovery and Bitcoin could stabilize above current levels, reinforcing institutional interest in digital assets.
