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Ethereum Leads Weekly Crypto Inflows as Bitcoin Pulls Back

  • Overall assets under management (AuM) in the crypto market declined from $187 billion to $177 billion due to broader market corrections.
  • Ethereum attracted $321 million in new investments, leading all assets with its sixth consecutive week of inflows, totaling $1.19 billion.
  • Bitcoin's momentum reversed midweek, resulting in $8 million in outflows, breaking a six-week streak of $9.6 billion in inflows.
  • The U.S. remained the largest contributor to crypto inflows, while Hong Kong saw a surge with $54.8 million in inflows, its strongest weekly performance since launching exchange-traded products last year.

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