Coinshares Reports $117.8M Crypto Inflows Last Week, Fifth Consecutive Week of Growth as Bitcoin Surges

According to Coinshares, cryptocurrency investment products saw inflows of $117.8 million last week, marking the fifth consecutive week of positive growth. The inflows were driven primarily by Bitcoin, which experienced $192.1 million in inflows and has now accumulated $4.2 billion in total inflows since the beginning of the year.

Meanwhile, Ethereum saw outflows of $81.6 million, reversing a three-week streak that had attracted over $190 million in inflows. Other altcoins showed mixed results, with Solana receiving $11.1 million in inflows and XRP $3 million, while Chainlink, Litecoin, and Sui experienced minor outflows.