Crypto Investment Vehicles See Record Inflows from Institutional Investors
According to insights firm CoinShares, institutional investors have injected over $3 billion into crypto investment vehicles in the past week, setting a new record for inflows.
Key Highlights:
- Digital asset investment products received $3.3 billion in inflows last week, marking a six-week streak of $10.5 billion in total inflows.
- Year-to-date inflows have reached an all-time high of $10.8 billion, with total assets under management briefly peaking at $187.5 billion.
- Concerns over the US economy, spurred by the Moody’s downgrade and a surge in treasury yields, have led investors to diversify into digital assets.
Regional Breakdown of Inflows:
The United States led globally with $3.2 billion in inflows, followed by Australia, Hong Kong, and Germany. Switzerland experienced $16.6 million in outflows.
Asset Allocation:
- Bitcoin (BTC) accounted for the majority of inflows at $2.9 billion, capturing a quarter of total inflows for the year.
- Ethereum (ETH) products received $326 million in inflows, while Solana (SOL) saw $4.3 million in inflows.
- XRP products faced $37.2 million in outflows, ending an 80-week streak of remarkable inflows.
Market Insights:
Some investors viewed recent price gains as an opportunity to short Bitcoin, with short-Bitcoin products attracting $12.7 million, the highest weekly inflow since December 2024.
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