Ethereum funds attract $35 million in inflows following ETF approvals
Digital asset investment products experienced over $1 billion in weekly inflows last week, marking the third consecutive week of inflows, as reported by asset management firm CoinShares. Ethereum (ETH) funds registered $35.5 million of inflows in the same period, its most substantial intake since March, and reduced the month-to-date outflows to $11 million.
The recent uptick in prices has propelled the total value of digital asset exchange-traded products (ETP) to a remarkable $98.5 billion. Alongside this growth, weekly ETP trading volumes have seen a 28% increase, amounting to $13.6 billion.
Bitcoin ETPs dominated the inflow charts, attracting $1 billion. Conversely, short Bitcoin positions continued to see outflows, this time totaling $4.3 million, indicating a shift towards a more positive market sentiment. This optimism is partly attributed to investors’ interpretation of the Federal Open Market Committee (FOMC) minutes and recent macroeconomic data as leaning towards the dovish side.

Solana also witnessed a positive trend with inflows of $8 million, followed by Litecoin ETPs’ $2.3 million inflows.
Regionally, the US has been at the forefront of these inflows, with a significant $1.03 billion directed into its market. Grayscale, a major player in the space, reported a substantial decrease in outflows, which now stand at just $15 million for the week.
Germany and Switzerland also contributed with inflows of $48 million and $30 million, respectively. However, after a promising start, Bitcoin spot-based ETFs in Hong Kong experienced a setback with outflows of $29 million last week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Last Shot to Flip $2K into $72K with Troller Cat – The Best New Meme Coin to Invest in Now as Shiba Inu and Dogwifhat Fight Bears
Shiba Inu trends, Dogwifhat gains traction, but Troller Cat's live presale is turning heads—positioning it among the Best New Meme Coins to Invest in Now.Last Hours of Stage 6: Join Presale Before Troller Cat’s Valuation SurgesDogwifhat Slides 5% to $0.00305 as Trading Volume and Momentum Cool OffShiba Inu Dips 7.35% to $0.00001336 as Market Cap Shrinks but Volume Jumps 43%Conclusion: Only One Presale is Offering Life-Changing ROI Potential Right Now

2025’s Top Cryptos to Invest in Right Now: Qubetics’ Secure Ecosystem, Tron’s Lending Leap, and Stellar’s Cross-Border AI Push
Explore why Qubetics, Tron, and Stellar are making headlines in 2025. Learn what makes them the top cryptos to invest in right now.Qubetics ($TICS) — Solving Real-World Blockchain Gaps with PrecisionTron (TRX) — Cementing Its Role in the Stablecoin EconomyStellar (XLM) — Revamping Cross-Border Payments with AI AssistanceConclusion

Capturing Whale Attention: 69% APY Makes Troller Cat One of the Best 100x Cryptos as Brett Slows and Keyboard Cat Stir
Discover the best 100x crypto opportunities as Troller Cat surges in presale, while Brett stumbles and Keyboard Cat gains momentum.Troller Cat ($TCAT): The Best 100x Crypto Presale Opportunity Right NowBrett ($BRETT): A Strong Start, but Signs of SlowdownKeyboard Cat ($KEYCAT): The Nostalgia Play Gaining Quiet MomentumConclusion

Pi Network Launches FruityPi and Targets Engagement with Real-World Cryptocurrency Usage
Trending news
MoreCrypto prices
More








