CoinShares’ latest report revealed that the crypto sector experienced $3.2 billion in inflows last week, marking the 10th consecutive week of positive flows. This streak represents the longest inflow run seen this year.
These inflows bring the total year-to-date flows to $44.5 billion, a figure four times higher than any previous annual record, underscoring the strong investor confidence in the crypto market.
Trump’s Election Victory Spurs $11 Billion Inflows
Bitcoin-related investment products led the charge, recording $2 billion in inflows last week alone. Since Donald Trump’s election victory in November, Bitcoin-related products have seen cumulative inflows surpass $11 billion.
This surge is driven by optimism surrounding regulatory clarity and expectations of a more crypto-friendly stance from the incoming US administration. The US market dominated the inflows, contributing $3.1 billion, while Switzerland, Germany, and Brazil followed with $36 million, $33 million, and $25 million, respectively.
James Butterfill, CoinShares’ Head of Research, highlighted that trading volumes in Bitcoin ETPs averaged $21 billion weekly. This activity accounted for 30% of Bitcoin trading volume on trusted exchanges, where daily volumes reached $8.3 billion, reflecting a robust and highly liquid market environment.
Crypto Product Inflows
Short Bitcoin products also gained attention, attracting $14.6 million in inflows last week. This pushed their total assets under management to $130 million, indicating increased demand for hedging strategies as Bitcoin’s price surged to an all-time high of over $106,000.
Ethereum maintained its momentum, marking its seventh consecutive week of positive flows, with $1 billion added last week. Over this streak, Ethereum ETPs recorded total inflows of $3.7 billion, reflecting improved investor sentiment.
Notably, spot Ethereum ETFs reported a 15-day inflow streak, amassing over $2 billion during the reporting period, signaling sustained confidence in Ethereum’s prospects.
Altcoins Join the Rally
Altcoins also saw significant inflows, driven by portfolio diversification and emerging speculation. XRP led the altcoin sector, attracting $145 million in inflows amid speculation surrounding a potential US-listed ETF.
Polkadot and Litecoin followed, recording inflows of $3.7 million and $2.2 million, respectively, as investor interest broadened across the crypto asset landscape.
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