Despite the continued momentum in capital inflows, overall assets under management (AuM) took a downward turn, dropping to $177 billion from the previously recorded high of $187 billion.
This court ruling effectively reversed the strong inflow pattern Bitcoin had initially displayed earlier in the week, culminating in minor net outflows.
The CoinShares report highlighted a noticeable geographic shift in investor sentiment. Although the United States continued to attract significant investment inflows totaling $199 million, other regions experienced increased investor attention.
Germany and Australia recorded inflows of $42.9 million and $21.5 million, respectively. However, it was Hong Kong that notably stood out, achieving its highest weekly inflows since the inception of its exchange-traded products (ETPs), totaling $54.8 million.
Conversely, Switzerland diverged from this positive trend, experiencing net outflows of $32.8 million. These withdrawals placed Switzerland among the few countries registering a negative year-to-date flow.
Ethereum emerged as the standout asset in the report, recording $321 million in inflows last week. This marked Ethereum’s sixth consecutive week of positive investment, cumulatively amounting to $1.19 billion, representing its strongest inflow streak since December 2024.
Bitcoin, the leading cryptocurrency by market capitalization, initially attracted strong inflows at the week’s outset. However, the court ruling against US tariffs impacted investor sentiment, prompting a reversal mid-week.
By the week’s end, Bitcoin recorded minor net outflows amounting to $8 million, marking the first outflow after six weeks of consecutive positive investment totaling $9.6 billion.
Featured image created with DALL-E, Chart from TradingView
