For the fifth consecutive week, digital asset investment products have attracted inflows, reaching $785 million. This brings the total annual inflow to $7.5 billion, overturning the previous highest value seen in February. The influx erased $7 billion of outflows from the February-March recession.
Interestingly, Ethereum stood out with its strong performance.
According to the latest edition of Coinshares’ Digital Asset Fund Flows Weekly Report, Ethereum experienced a $205 million inflow last week, bringing its annual total of $575 million. This showed the renewed investor trust following the appointment of co-director Thomas Stuzzack, with the Pectra upgrades finally coming live on May 7th.
Bitcoin also saw a notable $557 million inflow, which fell from the previous week, but is likely affected by the Federal Reserve’s ongoing Hawkish stance. Meanwhile, the shortcoin product has raised $5.8 million for four consecutive weeks, suggesting investor hedging as prices rise.
During the same period, SUI and XRP recorded $9.3 million and $4.9 million inflows, respectively, while Cardano and Chainlink recorded a small inflow of $500,000 and $0.20 million. Meanwhile, Solana witnessed a $0.89 million spill and a $2.9 million withdrawal in multi-asset products.
Regional investors sentiment showed a clear sector. In the US, Germany and Hong Kong donated $86.3 million and $24.2 million, indicating Hong Kong was the largest since November 2024, with one showing a strong weekly expansion of $681 million.
However, sour sour foods in Sweden and Brazil in Canada have recorded $16.3 million, $13.5 million and $3.9 million respectively over the past week.
