Other notable movements include the end of XRP’s long-standing inflow streak. The asset saw $37.2 million in outflows last week, breaking an 80-week streak and marking its largest recorded weekly exit.
The US accounted for the lion’s share of global inflows, with $3.2 billion recorded last week. Germany, Hong Kong, and Australia also posted notable gains at $41.5 million, $33.3 million, and $10.9 million respectively.
Conversely, Switzerland experienced $16.6 million in outflows as investors locked in profits following recent price strength. These regional flows reflect differing risk appetites and macro outlooks among institutional investors.
James Butterfill, head of research at CoinShares, commented that the inflow activity reflects investors seeking diversification amid macroeconomic uncertainties. Butterfill said.
We believe that growing concerns over the U.S. economy, driven by the Moody’s downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets.
As inflows remain strong and AuM approaches new highs, attention may now turn to how regulators respond to growing institutional interest in crypto products. The recent surge in activity could influence policy discussions around digital assets in both the US and international markets.
Featured image created with DALL-E, Chart from TradingView
