- Bitcoin and Ethereum led digital asset inflows totaling $1.24 billion last week, defying geopolitical turmoil.
- Institutional demand remains strong, particularly via spot ETFs, reflecting crypto’s evolving role in global finance.
Digital asset investment products are on a hot streak. Last week alone, they drew in $1.24 billion in inflows, marking the tenth consecutive week of gains and pushing the year-to-date total to a record-breaking $15.1 billion. Escalating geopolitical unrest, particularly Israel’s military strike on Iran, shook global markets and made the inflows even more impressive.
Bitcoin Leads the Way
Bitcoin dominated the inflow chart once again, accounting for $1.1 billion of the total. This marks its second week of inflows, even as prices experienced short-term corrections. Many investors took the dip as a buying opportunity, reinforcing Bitcoin’s status as a macroeconomic hedge in uncertain times.
A significant contributor to this capital surge was U.S.-based spot Bitcoin ETFs, which attracted $1.02 billion in net inflows. BlackRock’s iShares Bitcoin Trust (IBIT) stood out, bringing in $1.23 billion on its own and pushing its total assets under management beyond $74 billion. Meanwhile, short-Bitcoin products saw minor outflows of $1.4 million—an indication that bearish sentiment is waning.
Ethereum Keeps Its Streak Alive
Ethereum also maintained strong momentum, logging $124 million in inflows and extending its weekly win streak to nine. Since mid-April, ETH inflows have reached $2.2 billion. Spot Ethereum ETFs have been crucial in sustaining this trend, showing inflows on 25 of the past 30 trading days and collecting nearly $1.5 billion in total.
This continued interest is partly driven by Ethereum’s recent Pectra upgrade and growing institutional involvement, signaling confidence in the asset’s long-term value.
Altcoins Show Subtle Strength
Other altcoins also posted modest inflows, showcasing selective investor interest. Solana brought in $2.78 million, while XRP followed closely with $2.69 million. These figures, though small compared to Bitcoin and Ethereum, suggest that alternative Layer 1s are still on investors’ radar.
Despite global instability, the crypto sector is proving its resilience. Institutional inflows continue to rise, signaling that digital assets may now be seen as a hedge rather than a risk during uncertain times.
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