Bitcoin Leads Crypto Inflows as Market Sentiment Improves

Digital asset investment products have seen significant inflows over the past week, with a total of US$1.1 billion flowing into funds.

This is the highest weekly total since early January and marks a significant improvement in market sentiment. The rise in inflows can be attributed to lower than expected inflation data and easing geopolitical tensions, which have added confidence among investors.

Bitcoin was the main driver of these inflows, attracting US$871 million during the week. This brings its year-to-date total close to US$2 billion. Ethereum also showed a notable recovery, with US$196.5 million in inflows. While this is a positive sign, Ethereum remains in a net outflow position for the year, indicating that earlier withdrawals still outweigh recent gains.

The regional flow data also shows that the United States dominated the inflow activity, accounting for 95% of total flows with US$1.06 billion. Germany followed with US$34.6 million in inflows, while Canada and Switzerland reported smaller figures.