Bitcoin Dominates as Digital Asset Funds See Record Inflows
By: cryptosheadlines|2025/05/14 22:15:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Lawrence Jengar May 13, 2025 02:46 Digital asset investment products attract $882 million in inflows, with Bitcoin leading at $867 million. US ETFs reach a record $62.9 billion in net inflows, according to CoinShares. Record Inflows for Digital Asset FundsDigital asset investment products have experienced a significant surge in inflows, amassing $882 million over the past week. According to CoinShares, this marks the fourth consecutive week of gains, with year-to-date (YTD) inflows now totaling $6.7 billion, inching closer to the $7.3 billion peak observed in early February 2025.Bitcoin Leads the ChargeBitcoin (BTC) has been at the forefront of this influx, attracting $867 million in global inflows last week. This impressive figure coincides with US-listed ETFs reaching a cumulative net inflow milestone of $62.9 billion since their inception in January 2024, surpassing the previous high of $61.6 billion set earlier this year.Regional Inflow TrendsRegionally, the United States, Germany, and Australia were the primary beneficiaries, seeing inflows of $840 million, $44.5 million, and $10.2 million, respectively. Conversely, Canada and Hong Kong faced modest outflows of $8 million and $4.3 million.Altcoins and Market DynamicsDespite Ethereum’s (ETH) notable price increase, its inflows were relatively modest at $1.5 million. Meanwhile, Sui outperformed major altcoins, attracting $11.7 million in inflows, surpassing Solana, which experienced $3.4 million in outflows. On a YTD basis, Sui has accumulated $84 million in inflows, overtaking Solana’s $76 million.CoinShares attributes the increase in both prices and inflows to several factors, including the global rise in M2 money supply, stagflationary risks in the US, and the approval of Bitcoin as a strategic reserve asset by several US states.For additional insights and research, visit CoinShares.Image source: Shutterstock Source link
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