Crypto funds attract $1 billion, ending five-week outflow streak as investors seek entry points amid bitcoin-led rebound: CoinShares

Global crypto investment products attracted $1 billion in net inflows, breaking a five-week period where approximately $4 billion had exited the asset class, according to CoinShares. This reversal suggests a shift from prior investor apathy, with CoinShares' head of research, James Butterfill, noting that client discussions are now focused on identifying entry points rather than reducing exposure. The rebound was heavily led by Bitcoin products, which captured $881 million in inflows, with the US accounting for $957 million of the total inflows. Ethereum funds also saw a strong week with $117 million in inflows, though both Bitcoin and Ether products remain in net outflow territory year-to-date. Solana funds added $53.8 million, leading altcoins year-to-date. This renewed institutional demand occurred despite subdued price action and lingering geopolitical uncertainty.

(Source：The Block)