According to CoinShares’ latest weekly report
cryptocurrency investment products saw a total inflow of $3.75 billion last week. This figure represents the fourth highest weekly inflow on record. The recent surge in crypto prices drove the assets under management (AuM) of investment products to a new all-time high of $244 billion on August 13. The inflows were concentrated primarily in iShares ETFs and dominated by U.S.-based investors, contributing 99% of the total. The standout performer of the week was Ethereum (ETH)
$4,280, attracting a significant inflow of $2.87 billion.
Ethereum Leads the Way
The $2.87 billion inflow into Ethereum constituted 77% of the weekly total, bringing the year’s total for Ethereum to a record $11 billion. In percentage terms, the year-to-date inflows in Ethereum account for 29% of the AuM. In contrast, Bitcoin (BTC)
$115,348 has an inflow ratio of 11.6%.
Bitcoin saw a more modest inflow of $552 million last week, while some major altcoins distinguished themselves positively. Solana
$181 (SOL) attracted $176.5 million, XRP $125.9 million, Sui $11.3 million, Cardano
$0.921899 (ADA) $800,000, and Chainlink
$25 (LINK) $1.2 million. Meanwhile, Litecoin (LTC) experienced a withdrawal of $400,000. Liquidity was predominantly concentrated in high-volume cryptocurrencies.
Regional Trends in Crypto Investment Products
The geographic distribution indicates that the United States exclusively accounted for 99% of the total inflows with $3.73 billion. Canada experienced a limited inflow of $33.7 million, Hong Kong $20.9 million, and Australia $12.1 million. Conversely, Brazil saw an outflow of $10.6 million, and Sweden experienced a net withdrawal of $49.9 million.
The data reveals a marked recovery following several weeks of subdued risk appetite. The record in AuM came in the wake of the August 13 price increases, illustrating that the inflows were channelled through a distinct provider, namely iShares ETFs, indicating a concentrated demand path.