Digital asset investment products recorded $1.1 billion in inflows last week, marking the strongest weekly total since January. The surge followed a period of improved risk appetite, supported by softer US Consumer Price Index (CPI) data and easing geopolitical tensions.
The United States dominated the capital movement, accounting for $1.06 billion of the weekly total. This represents approximately 95% of all global inflows. Germany contributed $34.6 million, while Canada and Switzerland added $7.8 million and $6.9 million, respectively.
Asset performance and market trends
Bitcoin led the surge with $871 million in inflows, pushing year-to-date totals to just under $2 billion. At the same time, short Bitcoin investment products attracted $20.2 million. This represents the largest weekly total for these bearish products since late 2023, suggesting that some investors are still positioning for downside or utilizing these instruments as a hedge.
Ethereum posted a significant rebound with $196.5 million in inflows. Despite this weekly gain, CoinShares reported that Ethereum remains one of the few major digital assets still in a net outflow position on a year-to-date basis.
Other assets showed divergent trends. XRP attracted $19.3 million in new capital, while Solana recorded a minor outflow of $2.5 million.
Market-wide trading volumes rose 13% week-over-week to $21 billion. However, this figure remains below the year-to-date average of $31 billion. This gap indicates that capital inflows are currently expanding at a faster rate than broader market activity.
Total assets under management for these investment products have recovered to levels not seen since early February.
