Crypto funds attract $1 billion, ending five-week outflow streak as investors seek entry points amid bitcoin-led rebound: CoinShares

Digital asset investment products saw a dramatic reversal in sentiment last week, recording inflows totaling $1.03 billion and successfully snapping a five-week streak of outflows. According to the latest data from CoinShares, this surge in capital reflects a growing appetite among investors to capitalize on recent price dips as Bitcoin-led assets staged a notable recovery. Bitcoin dominated the activity with inflows of $942 million, while investors showed little interest in short-bitcoin products, signaling a shift toward bullish expectations. Regionally, the United States accounted for the vast majority of the inflows at $1.03 billion, largely driven by renewed momentum in spot-based ETFs. Other markets such as Germany and Switzerland also posted positive figures, while Sweden remained one of the few regions to see minor outflows. Analysts suggest that the influx of capital indicates that investors increasingly view the recent market volatility as an attractive entry point, positioning themselves for a potential long-term trend reversal in the cryptocurrency sector.

Source: Crypto funds attract $1 billion, ending five-week outflow streak as investors seek entry points amid bitcoin-led rebound: CoinShares