Most of the buying activity was concentrated earlier in the week. However, sentiment shifted on Friday, when funds saw $378 million in outflows amid heightened geopolitical tensions around Greenland and renewed concerns over tariffs, CoinShares head of research James Butterfill said.
“Sentiment was also weighed down by suggestions that Kevin Hassett, a leading contender for the next US Fed Chair and a well-known policy dove, is likely to remain in his current role,” Butterfill added.
The majority of last week’s inflows were directed into Bitcoin-linked products. Bitcoin funds pulled in $1.55 billion, accounting for more than 71% of total weekly inflows. Ether-focused products followed with $496 million, while funds tied to XRP and Solana recorded approximately $70 million and $46 million, respectively.
Smaller inflows were also seen in select altcoins, including Sui with $5.7 million and Hedera with $2.6 million.
Butterfill noted that inflows into Ether and Solana remained resilient despite ongoing discussions around CLARITY Act proposals in the US Senate Banking Committee, which could potentially restrict stablecoin yield offerings.
By contrast, multi-asset crypto products and short Bitcoin products were the only segments to post net monthly outflows by Friday, totaling $32 million and $8.6 million.
All major issuers reported meaningful inflows during the week. BlackRock’s iShares ETFs led with $1.3 billion, followed by Grayscale Investments with $257 million and Fidelity Investments with $229 million.
From a regional perspective, the United States accounted for the bulk of inflows at $2 billion. Sweden and Brazil were the only countries to post modest outflows, at $4.3 million and $1 million, respectively.
Following the latest inflows, total assets under management across crypto investment funds rose above $193 billion, reaching their highest level since early November.
Sources:
https://researchblog.coinshares.com/volume-269-digital-asset-fund-flows-weekly-report-0f7e2bed2ff4
https://cointelegraph.com/news/crypto-funds-billion-inflows-bitcoin-dominance
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