Institutional Investors Return to Crypto Markets with $281M Inflow

Despite rising geopolitical tensions and macro uncertainty, large investors are showing signs of returning to crypto markets. According to data from The Kobeissi Letter, $281.8 million in net inflows flowed into Crypto ETFs last week, ending an eight-week streak of more than $7 billion in outflows.

The majority of the inflows went towards Bitcoin funds, which accounted for $197.4 million, while Ethereum investment products added another $84.4 million. BlackRock's iShares Bitcoin Trust (IBIT) led the demand, attracting $291.9 million in fresh capital last week.

Institutional activity also extended beyond Bitcoin, with XRP ETFs recording $7.18 million in net inflows and Solana ETFs attracting $930,430. HYPE ETFs added $10.36 million, reflecting growing interest across select altcoins.

Crypto analyst Michaël van de Poppe warned that the $61,000 level remains crucial for Bitcoin's short-term price action, as losing it could trigger another wave of downside momentum.