CoinShares: Institutions Pour $2B Into Crypto Amid Major Sentiment Shift

CoinShares reports that institutional investors have injected $5.5 billion into digital assets over the past three weeks, signaling a dramatic sentiment shift after nine weeks of outflows.

Last week alone saw $2 billion in inflows, bringing total year-to-date inflows to $5.6 billion. Bitcoin led the charge with $1.8 billion in inflows, followed by Ethereum with $149 million. Other assets like XRP, Cardano, and Solana also saw significant inflows, while multi-asset crypto products gained $1.9 million.

The U.S. led the way with $1.9 billion in inflows, contributing to a total asset management rise to $156 billion.

Clever Robot News Desk 6^th May 2025