Bitcoin, Ethereum Funds Pulled in $1.2 Billion Amid Rising Global Tension Last Week
Institutional investors have invested $15.1 billion in digital assets year-to-date, marking ten consecutive weeks of inflows, according to CoinShares. Bitcoin attracted $1.1 billion, making up 88.7% of total inflows, despite minor outflows from short-Bitcoin products. Ethereum saw $124 million in inflows, totaling $2.2 billion over nine weeks, its longest positive streak since mid-2021. U.S. markets led with $1.25 billion in inflows, while Canada and Germany contributed modestly. Notable outflows occurred in Hong Kong and Switzerland. Interest in altcoins like Solana and XRP remained steady, reflecting a shift in institutional views towards digital assets as long-term portfolio components. Geopolitical tensions, including U.S. airstrikes in Iran, did not deter investment confidence significantly.
