Ethereum Dethrones Bitcoin In Global Crypto Weekly Inflows: All About It
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Key Insights: Ethereum led digital asset inflows with $295.4 million, marking its seventh consecutive week of gains. Bitcoin recorded $56 million in outflows amid growing caution over U.S. monetary policy signals. U.S. drives regional inflows at $175 million, while Hong Kong and Brazil report notable outflows. The second-largest digital asset, Ethereum, has once again taken the spotlight in the digital asset market. The cryptocurrency pulled in the largest share of global weekly inflows and overtook Bitcoin for the second week. Investor sentiment shifts as attention turns toward inflation updates and potential moves by the U.S. Federal Reserve. Ethereum Records Strongest Weekly Performance CoinShares report shows that Ethereum led all digital assets in the latest reporting week. Per the update, the coin attracted $295.4 million in inflows. Notably, this recent inflow marked its seventh straight week of gains and brought its total for the year to $1.7 billion. It is worth mentioning that it now accounts for 10.5% of all assets under management in crypto investment products tied to Ethereum. It is essential to add that this performance marks ETH’s strongest run since the week of the U.S. elections last November. According to the data, Ethereum’s weekly inflows surpassed all other cryptocurrencies. This points to renewed confidence from both institutional and individual investors. In contrast, the largest digital asset, Bitcoin, saw another round of outflows totaling $56 million. This is its second consecutive week of decline. Short Bitcoin products also posted $4.1 million in outflows, showing investors are stepping back from both sides of the Bitcoin trade. Digital Assets Flow Chart | Source: CoinShares Based on market perception, current uncertainty over U.S. monetary policy is likely a significant factor behind the cautious approach. With inflation data and Federal Reserve announcements on the horizon, many are taking a wait-and-see position. Regional Breakdown…
Filed under: News - @ June 10, 2025 4:27 pm