Digital asset investment products saw their highest-ever weekly inflows last week, totaling $3.85 billion, smashing the prior record set just weeks ago.
This surge brought total year-to-date (YTD) inflows to $41 billion and assets under management (AuM) to a new high of $165 billion, according to a Coinshares report released on Monday.
For context, prior cycle highs in 2021 saw inflows of $10.6 billion and AuM of $83 billion.
"This week's inflows underscore a growing institutional and retail appetite for digital assets," the report stated.
"Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) remain dominant players, reflecting confidence in these flagship cryptocurrencies."
Bitcoin led the week with $2.5 billion in inflows, pushing its YTD total to $36.5 billion.
Ethereum, meanwhile, recorded its largest-ever weekly inflows at $1.2 billion—surpassing even the peaks seen during the launch of spot ETFs in July.
"Ethereum's record-breaking week shows growing interest in its expanding ecosystem," the spokesperson noted.
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In contrast, Solana (CRYPTO: SOL) experienced $14 million in outflows, marking its second consecutive week of negative sentiment.
"While Solana’s outflows are notable, these may represent short-term reallocations rather than a definitive loss of investor confidence," CoinShares added.
Regionally, the United States accounted for $3.6 billion of the inflows, followed by Switzerland with $160 million, Germany with $116 million, Canada with $14 million, and Australia with $10 million.
Blockchain equities also saw a significant $124 million in inflows, the largest since January this year, driven by improving Bitcoin mining margins.
The report further highlighted cautious sentiment around betting against Bitcoin.
Short-Bitcoin products saw tepid inflows of $6.2 million, with CoinShares observing that "historically, we've seen much higher inflows into short products after sharp price rises, signaling investor caution rather than pessimism."
"This record-breaking week reflects the maturation of digital assets as a viable investment category," the spokesperson stated. "The inflows, particularly in Bitcoin and Ethereum, signify their cementing roles in mainstream financial portfolios."
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