Crypto funds saw net inflows worth 2 billion dollars last week, marking the third consecutive week of gains. This brought the total investment amount over the last three weeks to 5.5 billion dollars, indicating a striking change in investor sentiment following a nine-week streak of losses.
According to CoinShares’ weekly report, total net investments have risen to $5.6 billion since the beginning of the year, while recent price movements brought the total assets under management (AuM) to $156 billion, marking the highest level seen since mid-February.
As always, Bitcoin was the largest cryptocurrency in terms of investment, with $1.8 billion invested in Bitcoin funds last week. On the other hand, $6.4 million flowed into ‘short Bitcoin’ funds that bet on a decline in Bitcoin. The amount of investment these funds received thus reached its highest level since December 2024.
Ethereum continued to remain strong in its second week, recording a total inflow of 149 million dollars. This brought the total investments in the last two weeks to 336 million dollars. The competitor Solana saw a more modest inflow of 6 million dollars.
Among the other prominent assets are XRP and Tezos. These two assets attracted attention by receiving investments of 10.5 million and 8.2 million dollars, respectively.
Published: May 5, 2025 16:26