According to the latest flows of the Coinshares Digital Asset Fund Weekly reportLast week, influence on cryptocurrencies was $ 3.75 billion, which is the fourth largest in record -breaking. It is not surprising that Ethereum was standing out after attracting most of the capital with a record influx. Solana and XRP also experienced impressive demand, which meant that both cryptocurrencies received an influx exceeding 10% of the total year.
Record numbers ethereum
Ethereum He witnessed the greatest activity Last week from Bull Run 2021, which surprised many cryptographic investors. In terms of products based on Ethereum cryptography Bitcoin supremacy has been displaced Last week, running $ 2.87 billion, which is 77% of $ 3.75 billion. The efficiency brought its annual influx to $ 11,094 billion, which is about 29% of the total Ethereum assets.
The intensity of institutional demand had an immediate impact on Ethereum price shares. Especially Ethereum The price increased to USD 4,776 last week, its highest level from the bull market 2021.
In terms of geographical location, most of the influx came from the United States, from $ 3.725 billion, which is over 99% of the total. This concentration It was mainly ETFS Ishares. Smaller but significant contributions came from Canada from $ 33.7 million, Hong Kong from $ 20.9 million, and Australia from USD 12.1 million. On the other hand, Brazil and Sweden published outflows, respectively, $ 10.6 million and $ 49.9 million.
Although Bitcoin also succeeded Press on the recent high price of all time Last week, the leading cryptocurrency took a step back in institutional influx last week. Last week, Bitcoin brought $ 552 million. Although its annual inflows are higher in absolute values in the amount of $ 21.08 billion, they constitute only 11.6% of the total managed assets (AUM), compared to 29% Ethereum.
XRP and Solana join the party
Although the Ethereum captured most of the influx of inflows, both Solana and XRP also attracted noteworthy influences that show that altcoins gain strength among institutional investors No point cryptographic points for these assets on the American market.
Solan -based products $ 176.5 million was recorded, bringing monthly flows to USD 199.2 million, and the annual number up to USD 1.05 billion. This effectively means that Solana -based products witnessed 89% of their total monthly influx and 16.8% of their year to a year Inflow last week.
Last week, XRP witnessed an influx of about USD 125.9 million, increasing its monthly sum to USD 148.1 million, and 2025 to USD 1.238 billion. Therefore, XRP -based products also witnessed 85% of their total monthly influx and 10% of their annual influx last week.
Sui, Cardano, Makealllink and miniature Bitcoin products also witnessed $ 11.3, $ 0.8 million, $ 1.2 million and $ 4 million last week, respectively. The only main exception was Litecoin, which ran away from a wider trend and recorded a net outflow of USD 400,000.
A distinguished picture from Getty Images, chart from TradingView.com
