$ETH The strongest surge in Ethereum since the US elections has led to outflows from crypto funds amounting to 286 million dollars this week
Crypto funds experienced outflows of 286 million dollars according to CoinShares data. This continues the current streak to seven weeks with a total accumulation of 11 billion dollars.
Crypto funds led by Ethereum saw 296.4 million dollars in weekly outflows. They have experienced seven consecutive weeks of positive investor sentiment. The recent surge in ETH-related funds has now expanded its current inflow series to 1.5 billion dollars in total outflows over the same period.
This week's gain places Ethereum at 10.5% of assets under management in digital investment products. This concentration reflects Ethereum's recovery after early phases of reduced institutional trust, as well as regulatory uncertainty.
CoinShares data highlights this as the strongest outflow of Ethereum in history since the US elections in November. The trend over seven weeks indicates sustained institutional confidence in short-term speculation as the driving force behind increased investments.