Digital Assets Attract $1.9 Billion Inflows Amid Geopolitical Tensions

In a recent analysis by CoinShares, digital asset investment products have shown remarkable resilience, attracting $1.9 billion in inflows last week despite ongoing geopolitical tensions. This marks the ninth consecutive week of inflows, bringing the year-to-date (YTD) total to an unprecedented $13.2 billion.

Strong Performance Across Major Cryptocurrencies

Bitcoin (BTC) led the charge with a significant rebound, recording $1.3 billion in inflows following two weeks of minor outflows. Meanwhile, Ethereum (ETH) maintained its positive trajectory with $583 million in inflows, marking its strongest performance since February. This recent surge has brought Ethereum's total inflows to $2 billion, accounting for 14% of its assets under management (AuM).

Regional Trends and Altcoin Interest

The United States spearheaded the regional inflows with $1.9 billion, followed by Switzerland, Germany, and Canada, which reported $20.7 million, $39.2 million, and $12.1 million respectively. Conversely, Hong Kong and Brazil experienced outflows of $56.8 million and $8.5 million.

Altcoins also saw renewed interest, with XRP witnessing $11.8 million in inflows after three weeks of outflows, and Sui attracting $3.5 million in new investments.

Broader Market Context

Despite the geopolitical concerns that have traditionally weighed on risk assets, digital assets have continued to attract investor interest alongside commodities like gold. This trend underscores the growing acceptance of digital assets as a viable investment class, even in uncertain times.

For further insights and detailed market activity, visit the CoinShares blog here.