Cryptocurrency | Price (USDT) |
---|---|
BTC | $107362.0000000000 |
ETH | $2438.1650000000 |
BNB | $650.4000600000 |
XRP | $2.1868200000 |
ADA | $0.5616418000 |
SOL | $149.8103000000 |
DOGE | $N/A |
DOT | $3.4067100000 |
LTC | $86.7546000000 |
LINK | $13.4117400000 |
Category: CRYPTO NEWS
The post Crypto Sees $882M in Weekly Inflows—Bitcoin and Sui Boom, Ethereum Lags appeared on BitcoinEthereumNews.com. According to CoinShares’ latest weekly report, the crypto market is showing signs of recovery after the disruption caused by President Trump’s tariffs. Over the past week, $882 million flowed into digital asset investment products, signaling a strong shift in market sentiment, with BTC attracting $867 million. CoinShares, a leading European digital asset investment firm, has released its latest weekly report, revealing a powerful surge in investor interest across the crypto market. Digital asset products recorded $882 million in inflows last week alone, marking the fourth straight week of gains and pushing the year-to-date total to $6.7 billion, inching closer to the February peak of $7.3 billion. Bitcoin (BTC) continues to be the cornerstone of this upward momentum. Of the $882 million in weekly inflows, BTC alone attracted $867 million, reaffirming its dominance as the top digital asset of choice among investors. Since the SEC’s January 2024 approval of U.S.-based Bitcoin ETFs, net inflows have hit a record $62.9 billion, eclipsing the previous high of $61.6 billion. Despite a slight daily dip of 0.86%, Bitcoin remains resilient, trading at $104,046 after a 10.31% rally over the past week. Meanwhile, Ethereum (ETH), the second-largest cryptocurrency with a market cap of $307 billion, has enjoyed a 40.79% price increase over the past week, now trading at $2,546. Yet investor inflows tell a more subdued story, totaling only $1.5 million during the same period. The data suggests ETH’s recent gains are more likely driven by speculative trading than by institutional investment. A standout performer in this week’s report is Sui (SUI). The layer-1 blockchain project drew $11.7 million in inflows, outperforming more established names like Solana (SOL), which suffered $3.4 million in outflows. Year-to-date, Sui has pulled in $84 million, ahead of Solana’s $76 million, while both tokens posted healthy price gains this past week.…
2025-05-12T18:45:06+00:00
https://bitcoinethereumnews.com/bitcoin/crypto-sees-882m-in-weekly-inflows-bitcoin-and-sui-boom-ethereum-lags/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-sees-882m-in-weekly-inflows-bitcoin-and-sui-boom-ethereum-lags