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Digital asset products have noticed its tenth direct tide week, which brought $ 1.24 billion last week, according to data from Coinshares.
This continuing lane has shifted the year -on -year tide (YTD) to $ 15.1 billion, a new record for this year.
The tide comes at a time Increased geopolitical tensionEspecially after the military event of Israel against Iran. This step raised concerns about a wider conflict, which led to a sharp selection on financial markets, including crypto.
Despite volatility, the institutional interest in digital assets remained solid.
The research leader James Butterfill noted that the tide was the strongest at the beginning of the week, but later slowed down. Noted:
“The increase in activity at the beginning of the week decreased in the second half, probably because of the American Junneetman holiday and the emerging news of involvement in Iran.”
Bitcoin leads the market
Bitcoin He remained the primary drive engine of capital and pulled out $ 1.1 billion in the last week. This means its second week of positive tide, even if prices have experienced correction.
Coinshares stressed that many investors used DIP to increase their positions, emphasizing the growing attraction of bitcoins as macroeconomic security.
Especially US funds traded with bitcoins traded in the US (ETF) played a central role in this flow and attracted a pure tide of $ 1.02 billion. Ishares Bitcoin Trust (IBIT) Blackrock excelled with a weekly influx of $ 1.23 billion, which increased the total assets under its leadership to more than $ 74 billion.
Meanwhile, short bitcoin products have seen small outflows of $ 1.4 million, indicating a decrease in bear sentiment.
Ethereum expands running
Ethereum He continued his strong performance and expanded his tributary lane to nine consecutive weeks.
Coinshares said the digital asset recorded $ 124 million last week in new influx, which has moved the total number to $ 2.2 billion since mid -April.
Like Bitcoin, Spot Ethereum ETF also played an important role in the tributary lane, with nine tributary of product logging for 25 of the last 30 trading days totaling almost $ 1.5 billion.
Meanwhile, market observers combined the inflow of ETH on several key factors, including the recent Pectra upgrade and the growing institutional interest in crypto.
Other altcoins also showed resistance by attracting a modest tide last week.
Solan saw $ 2.78 million in new capital while XRP It brought $ 2.69 million, reflecting a sequel, but a cautious appetite for an alternative 1s layer.
