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Digital asset inflows slow amid policy uncertainty, Ethereum leads
Weekly inflows hit US$224M, bringing the 7-week total to US$11B, though pace slows as investors await clarity from the US Federal Reserve.
Ethereum leads with US$296.4M in inflows, its strongest run since the US election, now representing 10.5% of total AuM..
Bitcoin sees second week of outflows at US$56.5M, while altcoin activity remains muted with minor moves in Sui and XRP.
Digital asset investment products saw US$224M in inflows last week, extending this 7-week streak to US$11B. However, there has been a noticeable deceleration amid uncertainty over monetary policy, with investors adopting a wait-and-see stance ahead of further signals from the US Federal Reserve on inflation.
Inflows we broad regionally, the US led with US$175M, followed by Germany (US$47.8M), Switzerland (US$15.7M), Canada (US$9.8M) and Australia (US$6.5M). Minor outflows were seen in Brazil (US$9.2M) and Hong Kong (US$14.6M), with the latter marking an end to record inflows.
Ethereum led this week, seeing US$296.4M inflows, marking its 7th week of inflows that total US$1.5B, representing an astonishing 10.5% of total assets under management. This represents the strongest run of inflows since the US Election last November and marks a significant recovery in sentiment amongst investors.
Bitcoin saw its second straight week of modest outflows totalling US$56.5M, as policy uncertainty kept investors on the sidelines. Short-bitcoin products also experienced a second week of outflows.
Altcoins were subdued. Sui attracted minor inflows of US$1.1M, while XRP saw a third week of outflows totalling US$6.6M.
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