Bitcoin capital inflow exceeds $1.3 billion, Ethereum hits a 4-month high

Digital asset investment funds bucked the trend last week by attracting $1.9 billion, despite a cooling of risk appetite.

Crypto funds have recorded net inflows for the ninth consecutive week, with cumulative inflows hitting a record high of $13.2 billion this year, according to a CoinShares report on Monday.

In this wave of funds, Bitcoin (BTC) performed the best, attracting $1.3 billion in one fell swoop, successfully getting rid of two consecutive weeks of small net outflows and once again standing on the top of the capital hotspot.

Bitcoin short products recorded $3.7 million in inflows, but the size of assets under management is still small, only $96 million.

Ethereum (ETH) ushered in its strongest week since February, attracting $583 million in a single week.

This trend includes the largest single-day inflow in the past four months, bringing Ethereum's recent total inflows to $2 billion, equivalent to 14% of its total assets under management.

Regionally, inflows were mainly concentrated in the United States, which contributed almost all of last week's net inflows.

Switzerland, Germany and Canada recorded more modest contributions. Meanwhile, Hong Kong and Brazil saw outflows of $56.8 million and $8.5 million, respectively.

For other assets, Ripple (XRP) ended three consecutive weeks of outflows with an inflow of $11.8 million, while Sui-related products continued to gain market attention with an inflow of $3.5 million.

The latest data shows that despite the macro uncertainty facing traditional markets, institutional investment demand for digital assets remains strong.