Last week, investors poured $2 billion into digital asset investment products, marking a big jump in interest. This increase has pushed the total inflows to $5.5 billion and brought year-to-date inflows to $5.6 billion. CoinShares’ report released on Monday showed that total assets under management (AuM) have climbed to $156 billion, the highest seen in 10 weeks. This indicates that more investors are feeling confident about the crypto market. U.S. Funds Drive the Majority of Inflows Most of the inflows came from the United States, with U.S. funds adding $1.9 billion last week alone. This shows that American investors are still supportive of the cryptocurrency market. Meanwhile, other countries such as Germany, Switzerland, and Canada have also shown interest by contributing modestly to the overall inflows. CoinShares’ Head of Research, James Butterfill, referred to these international contributions as evidence of a broad supportive sentiment toward cryptocurrencies. Ethereum and Other Altcoins Attract Investor Interest Ethereum-based investment products recorded $149 million in inflows between April 27 and May 2. This marks the second consecutive week of positive inflows for Ethereum-related products, bringing the total inflow to $336 million since the end of April. This continued interest in Ethereum suggests investors remain optimistic about its growth potential. This is especially true given the ongoing developments around the Ethereum ecosystem , which will make it use less energy and work faster. Other cryptocurrencies also saw notable inflows. XRP recorded $10.5 million in inflows, and Tezos had $8.2 million. This shows that investors are also interested in altcoins besides Ethereum. However, not all altcoins did well. Solana products saw $6 million outflows as some investors pulled out. There is also rising interest in blockchain technology companies. Investments in these companies, called blockchain equities, brought in $15.9 million. This shows that people are looking beyond just digital assets and betting on the technology behind them. Bitcoin Maintains Dominance in the Market Bitcoin remains the top choice for investors. Last week alone, it attracted $1.84 billion, keeping its strong lead in the market. As usual, U.S.-based funds played a significant role in these inflows. Bitcoin’s success is also supported by ongoing strong interest in Bitcoin exchange-traded funds (ETFs), especially from big companies like BlackRock and Fidelity. This positive momentum marks these products’ third consecutive week of large inflows . Despite the strong inflows, the Bitcoin price has fallen by 1.94% in the last 24 hours. According to CoinMarketCap data, it is now trading at $93,633. This small drop might seem like a big deal, but broader market sentiment remains positive, and Bitcoin’s long-term growth trajectory remains strong. The post Digital Asset Investment Inflows Hit $2B, Boosting Market Confidence appeared first on TheCoinrise.com .
