The report showed that total inflows reached $572 million, with activity influenced by both macroeconomic data and regulatory developments. James Butterfill, head of research at CoinShares, noted that investor sentiment shifted significantly during the week.
The inflow activity was not evenly distributed across regions. The United States led with $608 million in net inflows, followed by Canada with $16.5 million. In contrast, Europe saw continued investor caution, as Germany, Sweden, and Switzerland recorded a combined $54.3 million in outflows.
Ethereum products led the market, drawing in $268 million in inflows, the highest among all assets during the week. This pushed Ethereum’s year-to-date inflows to a record $8.2 billion, while price appreciation lifted assets under management to an all-time high of $32.6 billion, representing an 82% increase since the start of the year.
The surge in interest for Ethereum-based ETPs comes amid rising activity in its network, especially within decentralized finance (DeFi) and staking ecosystems.
Bitcoin also saw renewed interest after two weeks of outflows, attracting $260 million in inflows. Short Bitcoin products experienced $4 million in outflows, suggesting reduced bearish positioning among traders.
Other altcoins also posted gains, with Solana bringing in $21.8 million, XRP receiving $18.4 million, and Near Protocol attracting $10.1 million. These figures indicate that while Bitcoin and Ethereum dominate inflow totals, investor appetite for select altcoins remains strong.
Featured image created with DALL-E, Chart from TradingView
