Ethereum Attracts $2.87 Billion in Weekly Inflows, XRP and Solana Gain

According to CoinShares’ latest Weekly Report, inflows into crypto products reached $3.75 billion last week, marking the fourth-largest weekly inflow on record.

Ethereum's Performance

  • Ethereum attracted $2.87 billion in inflows, accounting for 77% of total inflows.
  • Year-to-date inflows for Ethereum stand at $11.094 billion, representing 29% of total assets under management.
  • Ethereum’s price surged to $4,776, its highest since the 2021 bull market.
  • Most inflows originated from the U.S. ($3.725 billion), with smaller contributions from Canada, Hong Kong, and Australia.
  • Bitcoin saw inflows of $552 million, with year-to-date total inflows at $21.08 billion (11.6% of AuM).

XRP and Solana Inflows

  • Solana-based products recorded $176.5 million in inflows, totaling $1.05 billion year-to-date.
  • XRP experienced $125.9 million in inflows, bringing its year-to-date total to $1.238 billion.
  • Sui, Cardano, Chainlink, and Short Bitcoin products had minor inflows; Litecoin reported net outflows of $400,000.

The data indicates a growing institutional interest in altcoins despite the absence of spot crypto ETFs for these assets in the U.S. market.