Ethereum saw a significant influx of $2.12 billion in one week, setting a new record and contributing to total digital asset investment product inflows reaching $4.39 billion, surpassing previous records. Ethereum's impressive performance was part of a broader trend in the crypto market, with altcoins like Solana, XRP, and Sui also attracting notable investments. Bitcoin attracted $2.2 billion in inflows, with ETP trading volumes accounting for a significant portion of activity. However, multi-asset products experienced outflows. The data suggests a growing investor interest in assets beyond Bitcoin, as Ethereum’s market share increased. The US led in crypto inflows during the week, followed by Switzerland, Australia, and Hong Kong, while Brazil, Sweden, and Germany saw outflows. The rise in altcoin investments indicates a possible shift in market dynamics, with expectations of an upcoming altcoin season.
Generated by DMK News Bot