The post US$785M Inflows, Ethereum Sentiment Rebounds appeared on BitcoinEthereumNews.com.

AltcoinsBitcoin According to CoinShares, digital asset investment products recorded $785 million in inflows last week, bringing year-to-date (YTD) totals to $7.5 billion. This marks a full recovery from the nearly $7 billion in outflowsexperienced during the February–March correction and surpasses the previous peak of $7.2 billion set in early February. Regional sentiment varied notably. The United States led with $681 million in inflows, followed by Germany ($86.3 million) and Hong Kong ($24.2 million)—the latter seeing its largest weekly inflow since November 2024. Meanwhile, Sweden, Canada, and Brazil experienced outflows of $16.3 million, $13.5 million, and $3.9 million respectively. Ethereum stood out with $205 million in weekly inflows, boosted by renewed investor confidence following the Pectra network upgrade and the appointment of new co-executive director. This brings Ethereum’s YTD inflows to $575 million. Bitcoin continued to dominate overall inflows with $557 million, although this was a decline from the previous week, likely due to hawkish signals from the U.S. Federal Reserve. Meanwhile, short-Bitcoin products recorded a fourth consecutive week of inflows, totalling $5.8 million, suggesting caution among some investors amid recent price gains. In contrast, Solana was the only major altcoin-based ETP to see outflows, amounting to $0.89 million. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/coinshares-weekly-report-us785m-inflows-ethereum-sentiment-rebounds/

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Filed under: News - @ May 19, 2025 3:25 pm