Digital asset investment products saw $1.1 billion in inflows last week, the strongest weekly total since early January, as improved risk appetite increased demand for exposure to cryptocurrencies.
According to a CoinShares report, the United States accounted for $1.06 billion of the weekly total, or about 95% of all inflows, far outpacing other regions. Germany recorded an inflow of $34.6 million, while Canada and Switzerland added $7.8 million and $6.9 million, respectively.
Bitcoin led all assets with $871 million in inflows, bringing year-to-date inflows to just under $2 billion. At the same time, short Bitcoin investment products saw inflows of $20.2 million, the largest weekly total since November 2024, suggesting some investors are still bracing for a downside or using bearish products as a hedge.
Although Ethereum recorded a notable recovery with $196.5 million in inflows, CoinShares says that Ethereum remains one of the only major digital assets in a position of net outflows since the beginning of the year. XRP brought in $19.3 million, while Solana recorded a small outflow of $2.5 million.
Volume rose 13% from the previous week to $21 billion, but remained below the year-to-date average of $31 billion, indicating that inflows improved faster than broader market activity. CoinShares also said that its total assets under management have recovered to levels not seen since early February.
