5M
...
Digital asset investment products experienced a significant rebound last week with inflows totaling $527 million despite initial volatility. Early week outflows sparked by the DeepSeek news were quickly overshadowed as the market surged with over $1 billion in inflows indicating robust confidence among investors.
Bitcoin dominated the recovery driving the majority of inflows with a substantial $486 million. This resurgence underscores the cryptocurrency’s resilience and appeal to investors particularly in contrast to other sectors that struggled with global economic uncertainties.
The overall momentum in the cryptocurrency sector is optimistic with total inflows for the year reaching $5.3 billion. Blockchain equities also benefited from the market’s turnaround seeing significant inflows as investors capitalized on the perceived undervaluation in prices.
