Digital Asset Weekly Inflows Hit Record $3.13B, Led by Bitcoin and Solana

Digital Asset Weekly Inflows Hit Record $3.13B, Led by Bitcoin and Solana
Table of Contents

TL;DR

  • Digital asset investment products saw record inflows of $3.13 billion in one week.
  • Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million.
  • Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.

Digital asset investment products achieved their highest weekly inflows ever, reaching a total of $3.13 billion, according to a report by CoinShares.

This historic performance brought the year’s cumulative inflows to a record $37 billion, driven primarily by Bitcoin, which attracted $3 billion in the past week.

Since mid-September, when the US Federal Reserve began cutting interest rates, inflows have totalled $15.2 billion, demonstrating the growing attractiveness of this evolving market.

CoinShares analysis also reflected a regional contrast in investment trends. While the United States reported $3.2 billion in inflows, European countries such as Germany, Sweden and Switzerland recorded capital outflows of $ 40 million, $ 84 million and $17 million, respectively.

These moves suggest that some European investors opted to take profits on recent price highs. On the other hand, markets such as Canada, Australia and Hong Kong showed growing interest, with inflows of 31 million, 9 million and 30 million respectively, highlighting a more optimistic view in these regions.

Weekly Inflows into Digital Assets Hit Record $3.13 Billion, Led by Bitcoin and Solana

Bitcoin’s leadership and the growth of altcoins

Bitcoin continues to establish itself as the most attractive digital asset, leading weekly inflows with $3 billion. However, its success also boosted interest in short-term investment products, which saw $10 million in inflows, marking the largest monthly flow since August 2022.

Among altcoins, Solana stood out with inflows of $16 million, far outpacing Ethereum, which received just $2.8 million. Despite this, Ethereum maintains a significant lead in the year-to-date. Other altcoins such as XRP, Litecoin, and Chainlink also saw positive results, with $15 million, $4.1 million, and $1.3 million, respectively, reflecting a diversification in investor preferences.

On the other hand, multi-asset products continued to lose appeal, recording their second consecutive week of outflows, totalling $10.5 million. This data underlines a more selective approach by investors, who seem to prefer individual assets with greater growth potential.

Taken together, the figures point to sustained demand for digital assets, especially in key markets like the United States, while some European countries are taking a more conservative approach. Bitcoin continues to dominate the landscape, but growing interest in altcoins like Solana and XRP points to further diversification in the cryptocurrency investment market.

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