Digital asset investment products experienced a historic milestone last week, with inflows reaching a staggering $3.85 billion. This figure surpasses the previous record set just weeks ago, according to a CoinShares report.
Year-to-date (YTD) inflows have now reached $41 billion, while total assets under management (AuM) have climbed to an all-time high of $165 billion. In comparison, the 2021 bull market saw inflows of $10.6 billion and an AuM peak of $83 billion.
U.S. Leads Global Inflows
The United States led the surge in inflows, contributing $3.6 billion. Other notable contributions came from Switzerland ($160 million), Germany ($116 million), Canada ($14 million), and Australia ($10 million).
Bitcoin investment products dominated the inflows, attracting $2.5 billion and pushing its YTD total to $36.5 billion.
Cautious Sentiment Despite Rising Bitcoin Prices
Products allowing investors to short Bitcoin recorded modest inflows of $6.2 million, a figure below historical norms. This trend reflects caution among investors despite Bitcoin’s sharp price increases.
Ethereum also saw record-breaking inflows, with $1.2 billion registered last week. This surge overshadowed Ethereum’s ETF launch in July but negatively impacted Solana, which faced outflows of $14 million for the second consecutive week.
Ether ETFs Attract Record Investments
Spot Ether ETFs witnessed their largest single-day inflow on December 5, surpassing the previous record of $333 million set on November 29. This indicates a growing investor confidence in Ether-based ETFs.
Blockchain equities also saw significant inflows, totaling $124 million—the largest weekly increase since January. This reflects optimism among investors, partly driven by improved profit margins for Bitcoin miners.
$10 Billion Flows Into Bitcoin ETFs Post-Trump Win
In broader market trends, U.S. exchange-traded funds (ETFs) investing directly in Bitcoin have seen inflows of nearly $10 billion since President Donald Trump’s re-election on November 5.
These inflows have increased ETF assets to approximately $113 billion, underscoring confidence in the administration’s crypto-friendly stance. President Trump’s supportive regulations and plans for a national Bitcoin reserve have further bolstered market sentiment.
Bitcoin’s Historic Surge and Future Projections
Bitcoin’s price reached a historic high of $100,000 on December 5, although a brief dip to $92,000 followed due to market volatility. The token has now achieved a six-week streak of gains, its longest since the 2021 bull run.
Despite this rally, Sergei Gorev, Head of Risk at YouHodler, remains cautious. He predicts moderate growth beyond the $100,000 level, followed by a potential correction. “The cryptocurrency market often reacts strongly to round numbers,” Gorev noted, emphasizing the likelihood of price stabilization in the near term.
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