Digital Assets See $1.4B Inflows Last Week

Investment products tied to digital assets saw $1.4 billion in inflows last week, the largest weekly total since January and the third consecutive week of positive movement, according to data from CoinShares. The surge occurred amid optimism over U.S.-Iran ceasefire extension talks and Bitcoin's price climbing above $76,000 midweek, its highest level since a February market downturn.

Bitcoin dominated the inflows, attracting $1.116 billion and bringing its year-to-date total to $3.1 billion. CoinShares described the rally as a significant technical shift following nearly two months of stagnant prices. Ethereum followed with $328 million in inflows, its strongest weekly performance since January, lifting its year-to-date figure to $197 million and turning it positive for the year. Among other assets, Chainlink gained $5.3 million, Sui added $2.2 million, and multi-asset products drew $2.6 million. In contrast, XRP recorded outflows of $56 million, while Solana saw a smaller exit of $2.3 million.

Short Bitcoin products experienced modest inflows of $1.4 million, signaling limited demand for downside protection amid the broader bullish sentiment. Assets under management for these...