For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn.<\/p>\n
Interestingly, Ethereum stood out with strong performance.<\/p>\n
According to the latest edition of CoinShares\u2019 Digital Asset Fund Flows Weekly Report<\/a>, Ethereum experienced $205 million in inflows last week, bringing its year-to-date total to $575 million. This was indicative of a renewed investor confidence after the Pectra<\/a> upgrade finally went live on May 7th, following a series of delays, as well as the appointment of co-executive director Tomasz Sta\u0144czak.<\/p>\n Bitcoin also saw notable inflows of $557 million, though down from the previous week, possibly influenced by the Federal Reserve\u2019s continued hawkish stance. Meanwhile, short-bitcoin products attracted $5.8 million for the fourth consecutive week, which suggested investor hedging as prices climb.<\/p>\n During the same period, Sui and XRP recorded inflows of $9.3 million and $4.9 million, respectively, while Cardano and Chainlink posted smaller inflows of $0.5 million and $0.2 million. On the other hand, Solana witnessed $0.89 million in outflows, and multi-asset products saw a larger $2.9 million in withdrawals.<\/p>\n Regional investor sentiment showed clear divisions. The US, for one, saw strong weekly inflows of $681 million, with Germany and Hong Kong contributing $86.3 million and $24.2 million, marking Hong Kong\u2019s largest since November 2024. Australia and Switzerland followed with modest inflows of $13.5 million and $2.7 million, respectively.<\/p>\n However, sentiment soured in Sweden, Canada, and Brazil, which recorded outflows of $16.3 million, $13.5 million, and $3.9 million over the past week, respectively.<\/p>\n The post Ethereum Sees $205M Weekly Inflows Following Successful Pectra Upgrade<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong […]<\/p>\n","protected":false},"author":0,"featured_media":67578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67577"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67577"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67578"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}