tl;dr
Bitcoin remains the leading digital asset, attracting $867 million in inflows last week, driving a total $882 million inflow into crypto investment products and pushing year-to-date inflows to $6.7 billion. This growth is fueled by rising global liquidity, inflation concerns, and Bitcoin's increasin...
Bitcoin took the lead last week by attracting $867 million in inflows, propelling crypto investment products to a fourth straight week of gains and reaching $6.7 billion in cumulative inflows for the year.
Fueled by rising global liquidity, inflation worries, and growing institutional adoption—especially recognition by several U.S. states as a strategic reserve asset—Bitcoin’s reputation as a digital safe haven continues to strengthen.
U.S.-listed crypto ETFs hit a remarkable $62.9 billion in cumulative net inflows since January 2024, primarily driven by U.S. investors. Regionally, the U.S. led with $840 million in inflows, followed by Germany ($44.5 million) and Australia ($10.2 million), while Canada and Hong Kong experienced outflows.
Ethereum, despite recent price gains, saw only minimal inflows of $1.5 million last week. Meanwhile, Layer-1 token Sui outshone Solana, attracting $11.7 million against Solana's $3.4 million outflow, signaling a possible shift in investor sentiment.
Bitcoin’s price gained 10.3% over the last week and 24.5% over 30 days, trading close to its all-time high of $108,786. While it slightly underperformed the broader crypto market’s 13.3% weekly gain, Bitcoin remains the dominant digital asset with steady momentum and strong institutional backing.