In the latest Crypto Asset Fund Flows Weekly Report, CoinShares detailed how digital asset investment products experienced a turbulent week, with an initial $530 million outflow last Monday caused by concerns related to the DeepSeek news.
This sell-off quickly reversed, with the market later recovering more than $1 billion in inflows by week’s end. The report highlighted that despite this volatility, year-to-date (YTD) inflows remain strong at $5.3 billion, contributing to the $44 billion total seen in 2024.
Bitcoin Leads the Pack; Ethereum Struggles
Bitcoin emerged as last week’s dominant performer, attracting $486 million in inflows. Even short-Bitcoin products recorded $3.7 million in inflows, signaling continued interest from investors hedging against price movements.
Ethereum, in contrast, saw no net inflows, with earlier losses likely stemming from its ties to the technology sector and global growth concerns, according to James Butterfill, Head of Research at CoinShares
The report also pointed to notable activity in altcoins, with XRP remaining a standout. XRP’s strong performance over the year brought its YTD inflows to $105 million, including $15 million just last week, making it the second-best-performing altcoin in terms of inflows.
Blockchain equities also drew investor attention, recording $160 million YTD as many saw recent price drops as a buying opportunity.
How Regional Fund Flows Fared
While the U.S. reported $474 million in full-week inflows and $5 billion YTD, Europe saw $78 million last week, bringing its YTD total to $93 million. Canada, however, faced $43 million in outflows, a development possibly tied to
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Author: Samuel Edyme
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