Institutional Investors Pour $619,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares

Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares.

The outflows came despite significant late-week outflows.

Crypto products saw $1.44 billion in inflows during the first three days, then $829 million flowed out on Thursday and Friday amid market volatility tied to rising oil prices.

Bitcoin led the gains with $521 million in inflows, while Ethereum drew $88.5 million. Solana added $14.6 million. Smaller inflows went to Uniswap and Chainlink at $1.4 million each.

XRP was the outlier, with $30.3 million in outflows.

Short-Bitcoin products also took in $11.4 million, showing divided views.

U.S. investors drove the positive flows with $646 million in new money. Europe saw $23.8 million in outflows. Smaller outflows hit Asia and Canada.

CoinShares says the numbers highlight resilient investor sentiment toward digital assets during geopolitical stress from the attacks on Iran and weak payroll data.

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The post Institutional Investors Pour $619,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares appeared first on The Daily Hodl.

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