Bitcoin (BTC) Investment Products See Largest Weekly Inflows on Record, Totaling $3.13B: CoinShares

This surge brings year-to-date inflows to an unprecedented $37 billion, driven primarily by Bitcoin ETFs, which alone accounted for $3.12 billion, the report stated.

Digital asset investment products saw their largest weekly net inflows ever last week, totaling $3.13 billion, data from CoinShares showed on Monday.

For the year to date, the inflows now stand at a record $37 billion, driven mainly by Bitcoin ETFs, which alone accounted for $3.12 billion, the report said.

"This marks the largest single-week inflow we've ever recorded," said James Butterfill, Head of Research at CoinShares. "Bitcoin's dominance in these inflows underscores the growing institutional confidence in the asset as a long-term investment."

Bitcoin (BTC) attracted the lion's share of inflows, adding $3 billion to its investment products.

But the report also noted a $10 million inflow into short-Bitcoin products, reflecting some investor caution as Bitcoin prices hit new highs.

Monthly inflows into short-Bitcoin products reached $58 million, the largest post since August 2022.

Solana outpaced Ethereum in inflows for the week, pulling in $16 million compared to Ethereum's $2.8 million.

Other notable altcoin inflows included XRP ($15 million), Litecoin ($4.1 million) and Chainlink ($1.3 million).

Despite Solana's weekly performance, Ethereum remains the stronger performer on a year-to-date basis.

The record U.S. inflows of $3.2 billion were partially offset by outflows in Europe, with Germany, Sweden, and Switzerland seeing withdrawals of $40 million, $84 million, and $17 million, respectively.

"Recent price highs appear to have prompted profit-taking in these markets," Butterfill said.

Meanwhile, more optimistic sentiment drove inflows in Australia ($9 million), Canada ($31 million), and Hong Kong ($30 million).

While single-asset products like Bitcoin and Solana saw strong demand, multi-asset investment products faced their second consecutive week of outflows, losing $10.5 million, indicating a preference for concentrated bets on specific digital assets rather than diversified portfolios.

CoinShares highlighted the stark contrast between Bitcoin ETFs and U.S. Gold ETFs, which attracted just $309 million in their debut year.

Bitcoin's YTD inflows far outpace the gold product's early performance, emphasizing the increasing institutional appetite for crypto.