Institutional investors injected $857.9 million into Bitcoin and other crypto assets over the past week, marking the highest weekly inflow since April 24, according to CoinShares data. Bitcoin led the surge with $706.1 million in inflows, bringing its total for the year to $4.9 billion. Meanwhile, short Bitcoin products experienced $14.4 million in outflows, the largest weekly outflow this year.
Ethereum saw a reversal of fortunes with a $77.1 million inflow, while Solana and XRP attracted $47.6 million and $39.6 million, respectively. Multi-asset products, however, faced a $5.5 million outflow. The inflows coincided with Bitcoin surpassing $80,000 mid-week amid improved market sentiment. The United States was the largest contributor, accounting for $776.6 million of the inflows, followed by Germany, Switzerland, and the Netherlands. Total assets under management for digital asset investment products rose to $160 billion.
Institutional Investors Pour $857.9M into Bitcoin and Crypto in a Week
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