Institutions Pour $3.3 Billion Into Crypto Investment Products: CoinShares
Institutional investors poured over $3.3 billion into crypto investment products last week, setting a new record, according to CoinShares.
This marks a six-week streak totaling $10.5 billion in inflows, pushing year-to-date investments to $10.8 billion and assets under management to an all-time high of $187.5 billion. The U.S. led with $3.2 billion, followed by smaller inflows in Australia, Hong Kong, and Germany.
Bitcoin attracted $2.9 billion, dominating inflows, while Ethereum saw $326 million. Notably, XRP faced $37.2 million in outflows, ending an 80-week inflow streak. Rising treasury yields and economic concerns are driving investors toward digital assets for diversification.
Clever Robot News Desk 28th May 2025
