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Crypto Inflows Hit $2.7B in One Week, What Are Institutions Buying?

  • Crypto asset investment products attracted $2.7 billion in net inflows last week, marking the 11th straight week of inflows and bringing the year-to-date total to $16.9 billion.
  • Institutions such as BlackRock, Fidelity, and Grayscale are among those driving the sustained interest in crypto products.
  • The US led inflows at $2.65 billion, with Bitcoin maintaining dominance by attracting $2.2 billion of the total. Ethereum also saw significant inflows, accumulating $429 million last week.
  • While Ethereum garnered growing institutional interest, Solana has lagged behind with only $91 million in inflows, reflecting a focus on more established networks over newer altcoins.

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