Crypto Products See Third-Best Week Ever With $3,400,000,000 in Inflows As Investors Seek Safe Haven: CoinShares
Crypto asset management firm Coinhares said institutional investments in digital asset vehicles nearly set a new note last week.
According to the latest Digital Asset Fund Flow Weekly ReportCoinhares thinks last week's flow to the flows, which is the third largest recorded, is a reaction to tariffs and a weaker US dollar.
“Digital asset investment products have seen outflows worth US $ 3.4BN last week, the largest flow from mid-December 2024 and the 3rd largest weekly flow has been recorded.
We believe that concerns about the impact of tariffs on corporate revenues and the dramatic weakening of the US dollar are the factors that investors turn to digital ownership, which is seen as an emerging safe shelter. “
In the regional, the US led the world with $ 3.4 billion in flow. Germany and Switzerland added $ 41 million and $ 51 million to flows, respectively.
Each commonly, King Crypto Bitcoin (BTC) products enjoy the investor's sentiment, which roams $ 3.2 billion in the flow. Short-BTC products, in comparison, have seen only minor flows of $ 1.6 million.
“Ethereum investment products also found a US $ 183m outflow last week following an 8-week running of flows.
Noteworthy, Solana was the only Altcoin who saw the flow last week, worth US $ 5.7M.
The small activity was seen in the Altcoins other than the SUI and XRP, which found US $ 20.7M and US $ 31.6m inflows respectively. “
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