Cryptocurrency investment products recorded $2.7 billion in inflows last week, signaling robust institutional confidence despite ongoing geopolitical and monetary policy uncertainties. Bitcoin dominated the inflows, capturing 83% of the total with $2.2 billion, while Ethereum followed with $429 million.
Bearish sentiment toward Bitcoin continued to wane, with short-Bitcoin products shedding $2.9 million during the week. Year-to-date outflows for these bearish positions now total $12 million, reflecting shifting market dynamics.
The United States accounted for $2.65 billion of the total inflows, reinforcing its pivotal role in the global cryptocurrency market. Ethereum’s momentum was partly fueled by anticipation around the Pectra upgrade, which promises enhanced network efficiency and scalability.
Solana recorded comparatively modest inflows of $91 million year-to-date, underscoring the concentrated institutional focus on market leaders Bitcoin and Ethereum amid the broader inflow surge.