Bitcoin and Ethereum dominate the market! $3.85 billion in inflows, YTD inflows exceed $41 billion!
According to the latest report from CoinShares, Bitcoin and Ethereum have once again taken the lead in the market, setting a historic record for inflows. Just last week, the inflows into digital asset investment products reached $3.85 billion, bringing the year-to-date (YTD) inflows to over $41 billion, a 1722% increase from last year. This has also caused the assets under management (AUM) to soar to $165 billion, a growth rate of 221%.
Ethereum stands out, setting a weekly inflow record of $1.2 billion, a 1438% increase from $7.8 million in the same period last year. Bitcoin has also performed strongly, with YTD inflows reaching $36.5 billion, a year-on-year increase of 1786%. This undoubtedly indicates that cryptocurrencies are gradually becoming an important component of traditional financial portfolios, increasingly recognized as a legitimate asset class.
Solana and multi-asset funds face cooling, outflows intensify.
However, not all assets are experiencing the same growth. Solana faced an outflow of $14 million, and multi-asset funds also encountered an outflow of $6.3 million. The cooling of these assets has not affected the strong performance of Bitcoin and Ethereum, but rather highlights the market's confidence in the latter two.
Political factors boost the market, further increases expected.