Global cryptocurrency funds saw a rebound last week, pulling in a total of $224 million in net inflows. According to the latest data from CoinShares, XRP served as the primary engine for this growth, significantly outperforming major assets like Bitcoin and Ethereum.
While the broader crypto fund market is warming up, investor sentiment remains mixed. Bitcoin’s performance has been relatively flat, while Ethereum has notably lagged in this week’s capital flows. In contrast, interest in XRP-based funds continues to climb, making it a bright spot in current asset allocations.
As of press time, Bitcoin is trading at $71,363, Ethereum at $2,233.59, and XRP at $1.37. Analysts note that while Bitcoin has experienced price volatility recently due to news surrounding ceasefire negotiations between the U.S. and Iran, its long-term trajectory remains subject to significant uncertainty.
Broad-Based Recovery Across Crypto Sectors
Beyond core assets, the wider crypto market is showing signs of a broad recovery. Tokens such as Solana, Cardano, Chainlink, and Bittensor have all posted significant gains recently. SUI has been particularly strong, rising 11.90%, while ZCash leads the pack with a 28.37% surge.
Meanwhile, industry infrastructure and the regulatory landscape are also evolving. GSR has partnered with an SC Ventures-backed tokenization firm to bolster its Web3 investment banking strategy. Additionally, following the introduction of the GENIUS Act, the U.S. Federal Deposit Insurance Corporation (FDIC) has officially proposed new regulatory rules for stablecoin issuers.
Despite the overall improvement in market sentiment, security concerns persist. The Solana-based project Stabble recently requested that liquidity providers withdraw their funds after identifying a former employee with ties to North Korea.
