Ethereum

Cardano

Solana

Bitcoin

Chainlink

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The latest data from CoinShares <a href="https://blog.coinshares.com/volume-156-digital-asset-fund-flows-weekly-report-5c181a52ce1a" rel="noopener noreferrer nofollow">indicates</a> a substantial surge in capital inflows into cryptocurrency funds. For the sixth consecutive week, digital asset investment products have amassed inflows, this time amounting to $261 million.
This influx has brought the total for the past six weeks to $767 million. This figure eclipses the $736 million seen throughout the entire year of 2022.&nbsp;
The current streak of investment enthusiasm matches levels last observed in July 2023 and stands as the most pronounced since the bull market's zenith in December 2021.
<h2 id="breakdown-of-inflows-by-specific-cryptocurrencies">Breakdown of inflows by specific cryptocurrencies</h2>
<a href="https://u.today/bitcoin-btc-remains-strongest-asset-for-institutions-microstrategys-michael-saylor-shows" rel="noopener noreferrer nofollow">Bitcoin</a> has been the predominant magnet for these inflows, attracting $229 million and advancing its year-to-date influx to $842 million.
This robust uptick is possibly spurred by the increased probability of the U.S. approving a spot-based Bitcoin ETF.&nbsp;
In contrast, short-Bitcoin investments, which bet against the currency's value, have also seen a smaller, yet notable, inflow of $4.5 million, indicating that some investors are skeptical about the sustainability of the recent price rally.
<a href="https://u.today/ethereum-eth-network-hits-new-6-month-high-heres-how" rel="noopener noreferrer nofollow">Ethereum</a> has witnessed its most substantial inflows since August 2022, amounting to $17.5 million. This indicates a reversal of fortunes after a prolonged period of capital outflows totaling $107 million this year.&nbsp;
Among other alternative coins, <a href="https://u.today/solana-sol-plunges-by-10-heres-possible-reason-behind-drop" rel="noopener noreferrer nofollow">Solana</a> has experienced inflows of $11 million, with Chainlink drawing $2 million, representing a notable 17% of its total assets under management. Smaller yet positive inflows were noted for Polygon, Cardano and XRP, with $0.8 million, $0.5 million and $0.2 million, respectively.
<h2 id="breakdown-by-geography">Breakdown by geography</h2>
Geographical analysis reveals a pronounced pivot in investor activity, especially among U.S. investors who led with inflows of $157 million.&nbsp;
This is an inflection from prior trends and may reflect a growing appetite for digital assets within the region.&nbsp;
European countries like <a href="https://u.today/germany-plans-to-introduce-tokenized-mutual-fund-shares" rel="noopener noreferrer nofollow">Germany</a> and Switzerland, along with Canada, continue to display steady investment, contributing inflows of $63 million, $36 million and $9 million, respectively. &nbsp;&nbsp;

XRP, Bitcoin, Cardano: Crypto Funds Catch Major Inflow Wave

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