Institutions Send $3,300,000,000 of Inflows Into Crypto Products, According to CoinShares

Crypto insights firm CoinShares says that institutional investors poured over $3 billion into crypto investment vehicles last week.

In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors have set a new record for inflows.

“Digital asset investment products saw inflows of US$3.3bn last week, extending the six-week streak to US$10.5bn. Year-to-date (YTD) inflows have now reached a new record of US$10.8bn, while total assets under management (AuM) briefly peaked at an all-time high of US$187.5bn earlier in the week.

We believe that growing concerns over the US economy, driven by the Moody’s downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets.”

Regionally speaking, the United States led internationally with $3.2 billion in inflows last week alone. Australia, Hong Kong and Germany followed at $10.9 million, $33.3 million and $41.5 million, respectively. Switzerland saw $16.6 million in outflows.

As is generally the case, Bitcoin (BTC) enjoyed the lion’s share of inflows at $2.9 billion.

“… making up a quarter of total inflows for 2024. Meanwhile, some investors viewed recent price gains as a shorting opportunity, with short-Bitcoin products attracting US$12.7m, the highest weekly inflow since December 2024.”

Ethereum (ETH) products enjoyed $326 million in inflows while Solana (SOL) products only saw inflows of $4.3 million. Meanwhile, XRP products suffered $37.2 million in outflows, breaking a “remarkable” 80-week inflow streak.

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