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Crypto investment funds managed by major firms like BlackRock Fidelity Grayscale and Bitwise saw a massive $1.9 billion in net inflows globally last week. This marks the ninth straight week of positive gains bringing total year-to-date inflows to a record $13.2 billion. Despite global tensions digital assets continued to attract investors along with traditional safe havens like gold.
Bitcoin led the recovery with $1.3 billion in inflows after two weeks of minor outflows. Most of this came from US spot Bitcoin ETFs while Ethereum-based products added $585 million in inflows extending their strong run to $2 billion since February. XRP and Sui-based funds also saw renewed interest with $11.8 million and $3.5 million in net inflows respectively.
United States remained the top contributor with $1.9 billion in weekly inflows followed by Switzerland Germany and Canada. While the crypto market remained largely positive some regions like Hong Kong and Brazil saw outflows showing a mixed but resilient global outlook.
