2 billion dollars to crypto funds: 180 million was distributed to 4 altcoins

Crypto funds saw net inflows worth 2 billion dollars last week, marking the third consecutive week of gains. This brought the total investment amount over the last three weeks to 5.5 billion dollars, indicating a striking change in investor sentiment following a nine-week streak of losses.

According to CoinShares' weekly report, total net investments have risen to $5.6 billion since the beginning of the year, while recent price movements brought the total assets under management (AuM) to $156 billion, marking the highest level seen since mid-February.

As always, Bitcoin was the largest cryptocurrency in terms of investment, with $1.8 billion invested in Bitcoin funds last week. On the other hand, $6.4 million flowed into 'short Bitcoin' funds that bet on a decline in Bitcoin. The amount of investment these funds received thus reached its highest level since December 2024.

The situation in Altcoins

Ethereum continued to remain strong in its second week, recording a total inflow of 149 million dollars. This brought the total investments in the last two weeks to 336 million dollars. The competitor Solana saw a more modest inflow of 6 million dollars.

Among the other prominent assets are XRP and Tezos. These two assets attracted attention by receiving investments of 10.5 million and 8.2 million dollars, respectively.

Published: May 5, 2025 16:26