Last week witnessed a substantial influx of $224 million into cryptocurrency-based investment products, propelling the seven-week total flow to a remarkable $11 billion.
Despite this significant uptick, investors exercised caution, slowing down the pace of these flows as they awaited inflation signals crucial for the Federal Reserve’s monetary policy decisions. In a notable development, Ethereum 
$2,789 attracted $296.4 million in fresh capital, reaching 10.5% of total assets and maintaining its strongest streak since the November 2024 U.S. Presidential Election. Conversely, Bitcoin 
$109,761-based investment products experienced a $56.5 million outflow for the second consecutive week. Interestingly, there was also an outflow from short Bitcoin products.
Regional Flows Highlight U.S. as a Dominant Force
The United States led the charge in regional flows, securing a significant portion with $175 million in weekly net inflows. This positioned the U.S. as the primary driver of the global trend. Following closely were Germany with $47.8 million, Switzerland with $15.7 million, Canada with $9.8 million, and Australia with $6.5 million.
However, Brazil recorded an outflow of $9.2 million, and Hong Kong saw a $14.6 million outflow, reversing their previous record inflows. These variations among countries highlighted how investor sentiment is heavily tied to regional monetary policy expectations.
Ethereum Rises as Bitcoin Experiences Outflows
Ethereum-based investment products concluded their seventh consecutive week of inflows, totaling $1.5 billion. This surge indicated renewed confidence in the network’s upcoming updates and its deflationary supply model. For the first time, Ethereum’s fund share reached double digits, prompting investors to reassess and reprice its long-term value as an “alternative leader.”
Bitcoin-based investment products, on the other hand, reflected a “wait-and-see” approach with the second weekly outflow. Uncertainty surrounding the Fed’s interest rate trajectory weakened Bitcoin’s traditional safe-haven perception. Concurrent capital outflows from short Bitcoin products consolidated this hesitation.
Current Status of Cryptocurrency-Based Investment Products
Among other altcoins, fund movement remained limited. Sui stood out with a $1.1 million inflow, while XRP-based investment products faced a cumulative $6.6 million outflow over three weeks. Investment products based on Solana 
$165, Cardano 
$0.713869, and Chainlink 
$15 recorded outflows of $2.1 million, $400,000, and $200,000, respectively. The overall picture revealed investors’ preference for taking positions predominantly in Ethereum.
