US and European Altcoin Fund Data Released! Here are the Critical Data for Bitcoin, Ethereum, XRP, Solana, and Sui!

Crypto asset manager CoinShares has released its latest Weekly Report on Digital Asset Fund Flows, showing a positive yet cautious sentiment among investors.

Digital asset investment products recorded a total inflow of 226 million dollars last week, indicating that the recovery trend continues after significant outflows in previous weeks.

Bitcoin continues to attract investors' interest with an influx of 195 million dollars. Meanwhile, short-Bitcoin investment products saw a total outflow of 2.5 million dollars for the fourth consecutive week. The recent decline in Bitcoin's price has pushed the total assets under management (AUM) for global Bitcoin exchange-traded products (ETPs) to 114 billion dollars, marking the lowest level since the last US elections.

Positive Atmosphere Dominates with Net Inflows in Altcoin Funds

Altcoins also experienced a significant change in investor sentiment, recording weekly inflows of $33 million within five weeks. Ethereum led with an inflow of $14.5 million, followed by Solana (7.8 million dollars), XRP (4.8 million dollars), and Sui (4.0 million dollars). This rebound came after four consecutive weeks of outflows totaling $1.7 billion.

Geographically, last week saw entry into all major regions. The US led with 204 million dollars, followed by Switzerland with (14.7 million dollars) and Germany with (9.2 million dollars). However, small outflows were observed in Hong Kong with (2.1 million dollars) and in Brazil with (1.3 million dollars).

Despite the general entry trend, small outflows of $74 million were observed last Friday, which CoinShares attributed to investors' reactions to higher-than-expected U.S. core personal consumption expenditures data. The report suggests that this economic indicator has strengthened expectations for a hawkish stance from the FED, despite broader signs of economic slowdown.