Bitcoin Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year
The total digital asset inflows was $199 million, reversing nearly half of the previous nine consecutive weeks of outflows.
Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products - after of outflows, according to a report from European digital asset manager CoinShares.
Bitcoin-related products were the primary asset for inflows, seeing $188 million in total, representing 94% of the total flows. Short-bitcoin products saw total outflow of $4.9 million, for the ninth consecutive week, according to the report.
This comes after a number of high profile institutions filed for exchange traded funds (ETF) last week and bitcoin (BTC) price hit . Asset management giant BlackRock an application to roll out a spot bitcoin ETF on June 15. There were also re-filings for similar products by well-known TradFi firms such as Invesco and WisdomTree.
“We believe this renewed positive sentiment is due to recent announcements from high profile ETP issuers that have filed for physically backed ETFs with the U.S. Securities Exchange Commission,” the report said.
The inflows totalled $199 million, which reversed almost half of the prior nine consecutive weeks of outflows. The report noted that Exchange Traded Product (ETP) trading volumes totalled $2.5 billion for the week.
Meanwhile, Ethereum saw inflows of $7.8 million, representing only 0.1% of assets under management (AUM), relative to bitcoin's inflows of 0.7%, demonstrating than bitcoin at present.
However, the positive sentiment didn’t flow through into altcoin investments, according to the report. “This turn in sentiment didn’t trickle down to altcoins with only very minor inflows into XRP and Solana totalling $0.24m and $0.17m respectively. But the improved sentiment did encourage some investors to buy multi-asset investment ETPs, with $8m inflows last week,” the CoinShares report added.
Edited by Aoyon Ashraf.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google’s AI-Powered Payments Protocol Transforms the Landscape of Automated Online Transactions
- Google launches open-source AI payments protocol with Coinbase and 60+ partners to enable secure, interoperable transactions between AI agents and traditional systems. - Protocol integrates stablecoins (now $289B in circulation) and legacy payment rails, aligning with U.S. GENIUS Act and EU MiCA regulatory frameworks for crypto oversight. - Designed for AI autonomy, it enables agents to handle mortgage negotiations, automated shopping, and real-time cross-industry transactions while ensuring user-intent
RedotPay Secures $47 Million to Accelerate Stablecoin Growth Across Developing Economies
- RedotPay, a Hong Kong-based fintech startup, raised $47M in a funding round led by Coinbase Ventures, valuing it over $1B as a unicorn. - The company offers stablecoin-powered payment solutions, serving 5M+ users across 100 markets and processing $10B in annualized volume. - Funds will accelerate expansion into emerging markets, enhance compliance, and deepen partnerships, with CEO Michael Gao highlighting investor confidence. - Competitors like Bastion and Fnality also secured significant 2025 funding,
SEC Opens the Door to ETFs, Expanding Ethereum Availability for Everyday Investors
- SEC’s new crypto ETF rules speed up approvals, enabling REX-Osprey to launch ETH-focused products. - Ethereum’s DeFi utility and upgrades drive demand for structured exposure via ETFs, despite volatility risks. - Trump-era crypto-friendly policies and streamlined frameworks may boost ETF adoption, but smaller tokens face liquidity challenges. - Critics warn ETFs risk amplifying volatility, yet industry predicts a floodgate of crypto ETFs by late 2025.
SEC's Policy Change Paves the Way for a Surge in Crypto ETFs
- The SEC approved generic listing standards for spot crypto ETPs, slashing approval timelines from 240 to 75 days and triggering a surge in ETF filings. - The framework applies to assets traded on ISG members or with CFTC-regulated futures, enabling broader access to large-cap altcoins like Solana and XRP. - While firms like Grayscale and Bitwise filed multi-coin ETF proposals, experts warn success depends on underlying crypto fundamentals and market narratives. - Regulatory alignment with Trump-era pro-c
Trending news
MoreCrypto prices
More
