Global digital asset investment products recorded another bullish week, with $785 million in inflows, marking the fifth straight week of positive momentum, according to the latest report by CoinShares. Among the crypto assets, Ethereum (ETH) emerged as the “standout performer”, capturing investor confidence amid broader market recovery.
Institutional Confidence Surges
The report highlights a growing institutional appetite for crypto investments, particularly in the wake of increased market maturity and improved regulatory clarity across several jurisdictions.
“Digital asset investment products have seen a total of over $2 billion in inflows over the past month alone,” said James Butterfill, Head of Research at CoinShares. “This resurgence of interest underlines renewed investor optimism and Ethereum is clearly benefiting the most from it.”
Ethereum Outperforms in Inflows and Sentiment
While Bitcoin still attracted the lion’s share of inflows—approximately $500 million this week—Ethereum stood out with over $130 million in net inflows, its best week since mid-2022. Analysts point to several reasons behind this trend:
- The recent Dencun upgrade that lowered gas fees and improved scalability
- Renewed interest in DeFi and layer-2 protocols
- Speculation surrounding a potential Ethereum ETF approval
“Ethereum is regaining its status as the smart contract king,” said Rachel Lim, a crypto strategist at Lunar Finance. “Investors are seeing real traction in network development, and that’s translating into capital flows.”
Altcoins and Multi-Asset Funds Also Benefit
Other altcoins such as Solana (SOL) and Avalanche (AVAX) also saw modest inflows, with SOL capturing $23 million as its ecosystem continues to show resilience. Additionally, multi-asset investment products, which offer broader crypto exposure, saw inflows of $35 million, reflecting a diversified approach among cautious investors.
Meanwhile, short-bitcoin products saw minor outflows, suggesting that bearish sentiment is fading as markets stabilize and begin to recover lost ground from early-year volatility.
Market Outlook Remains Positive
The consistent weekly inflows come amid positive macroeconomic signals and speculation of U.S. interest rate cuts later this year, both of which support risk assets like cryptocurrencies. The total assets under management (AUM) in crypto investment products now stand above $70 billion, approaching levels last seen during the peak of the 2021 bull run.
With Ethereum leading the way and institutional inflows accelerating, analysts expect the momentum to continue, especially if spot crypto ETF approvals expand beyond Bitcoin.