Cryptocurrency investment products are experiencing a fundraising frenzy. According to statistics from digital asset management company CoinShares, global cryptocurrency funds saw a net inflow of $4.39 billion last week, surpassing the previous high record of $4.27 billion set after the US elections in December last year, creating a new historical high.
CoinShares Research Director James Butterfill pointed out that this marks the 14th consecutive week of recorded net inflows, indicating that investor interest in cryptocurrency funds continues to rise, with a cumulative inflow amount of $27 billion year-to-date, driving the overall assets under management (AUM) of global cryptocurrency investment products to a new historical high of $220 billion.
Moreover, trading activity in cryptocurrency ETPs also surged, with last week's trading volume reaching $39.2 billion, also setting a historical new high.
James Butterfill stated that last week, the main source of capital inflow was still led by Bitcoin, attracting $2.2 billion in funds, slightly slowing down from $2.7 billion in the previous week. However, the spotlight was taken by the second-largest cryptocurrency by market value—Ethereum.
Data shows that Ethereum-related investment products have recorded net inflows for the 13th consecutive week, with last week's fundraising scale reaching $2.12 billion, not only setting a new weekly record but also nearly double the previous week's $1.2 billion, pushing the cumulative inflow amount this year to $6.2 billion, surpassing the total for the entire year of 2024.
From a geographical distribution perspective, the US market remains the main source of capital inflow, contributing as much as $4.36 billion last week, primarily flowing into cryptocurrency ETFs under BlackRock, Grayscale, and Bitwise; while Switzerland, Hong Kong, and Australia combined attracted $78.7 million; in contrast, Brazil and Germany saw slight net outflows of $28.1 million and $15.5 million, respectively.
In addition to the continuous fundraising from Bitcoin and Ethereum, competitive coin investment products also saw a return of funds, reflecting an increase in market risk appetite.
Among them, Solana (SOL) related investment products attracted an inflow of $39 million; Ripple (XRP) funds recorded a net inflow of $36 million; Sui also saw a net inflow of $9.3 million.
"Incredible fundraising power! Global cryptocurrency funds saw an inflow of $4.39 billion in a single week, setting an unprecedented new high" was first published by (Blockcast).
