Bitcoin And Ethereum Propel $19 Billion In Crypto Market Inflows

By: Eva Baxter

Recent reports indicate a substantial influx of capital into the cryptocurrency market, driven primarily by Bitcoin and Ethereum. According to data from CoinShares, digital asset investment products witnessed inflows of $2 billion last week, contributing to a year-to-date total of $5.6 billion. This marks the third consecutive week of gains, suggesting a shift in investor sentiment following a prolonged period of outflows. James Butterfill, head of research at CoinShares, highlighted this surge as a sign of growing market confidence, reversing earlier trends.

Bitcoin emerged as the dominant asset, securing $1.8 billion in capital during the last week and maintaining its status as the top choice for institutional investors. The cryptocurrency reached a multi-week high of $94,000, attracting attention as a preferred hedge amid global economic uncertainties exacerbated by President Donald Trump's tariff policies. Interestingly, while Bitcoin's momentum appeared strong, the increased inflow also attracted bearish investors, leading to $6.4 million flowing into short-Bitcoin products, the highest since December 2024.

On the other hand, Ethereum continued its positive trajectory, pulling in an additional $149 million last week. Over the past fortnight, Ethereum-focused products have drawn approximately $336 million in investments, elevating its year-to-date total to $551 million. This figure effectively doubles that of the next most popular altcoin, XRP, which has amassed $256 million in inflows this year. Other altcoins such as Solana and Tezos have also seen gains, albeit on a smaller scale.

Overall, the cryptocurrency market has enjoyed net capital inflows approaching $19 billion. Analyst Ali Martinez reported that the combined 30-day Realized Cap change for Bitcoin and Ethereum stood at a positive $12.58 billion. Furthermore, stablecoins contributed an additional $6.19 billion in net inflows. As these trends have unfolded, prices of Bitcoin and other cryptocurrencies have seen a recovery. However, investor sentiment remains fluid, with market dynamics potentially shifting rapidly.