Coinshare data shows the ninth day of influx despite macroeconomic headwinds.
According to Coinshares, Digital Asset Investment Products recorded an influx of $226 million last week, marking the ninth consecutive trading day of net positive flows across Exchange-Taded products (ETP).
Written by James Butterfill's research director, the report shows a careful revival of institutional participation after a record-breaking spill at the beginning of the month.
With each coin share, Bitcoin accounted for most of its activities, attracting an influx of $195 million. Meanwhile, short Bitcoin products saw a $2.5 million outflow, extending the four-week trend of declining bearish positioning.
The reversal of the trend follows a broader market correction, with managed total assets falling to $114 billion across the global Bitcoin ETP, at its lowest level since the immediate post-US election period.
For the first time in five weeks, Altcoin ETPS posted a net inflow totaling $33 million. This rotation suggests that investors' appetites have risen slightly beyond Bitcoin after four consecutive weeks of totalling $1.7 billion in Altcoin leaks.
Ethereum led the group with an influx of $14.5 million, followed by Solana for $7.8 million. XRP and SUI saw $4.8 million and $4 million, respectively. The numbers suggest that while Bitcoin is a major focus of facility capital, as macro uncertainty weighs on the broader risk appetite, select layer-1 and payment-oriented protocols are regaining traction.
Regional participation is integrated in the US and around Europe
Coinshare data shows that inflows are concentrated in major Western markets. The US recorded a net inflow of $204 million, with Switzerland at $14.7 million and Germany at $9.2 million. There was a small runoff between Hong Kong ($2.1 million) and Brazil ($1.3 million), indicating geographical differences in sentiment, but participation across the region remained purely positive.
The weekly inflow trend was temporarily suspended on Friday, when ETPS experienced $74 million in net outflows. Coinshares is attributed to the higher-than-expected release of US core consumer spending (PCE) data, which may have strengthened expectations for the Federal Reserve's Hawkish stance.
While recent economic indicators point to slowing growth, rising inflation printing complicates the Fed's trajectory and adds short-term volatility to digital asset flows.
Institutional capital remains responsive to macroshifts
Despite the weekly net influx, Batafil characterized investor positioning as cautious, reflecting a complex macroeconomic background. While sustained influx suggests some degree of conviction when returning to the market, sensitivity to inflation data shows how central bank policies continue to shape crypto allocation decisions.
This report highlights the importance of cross-asset correlations and macroeconomic drivers in shaping institutional behavior. As Coinshares noted, Bitcoin's recent AUM decline is consistent with a broader reassessment of growth expectations and sustainability of inflation, both of which remain central to the digital asset risk exposure framework.
According to Coin sharecurrent trends suggest that investors are selectively re-entering digital asset markets, preferring bitcoin and large altcoins. So are they Maintain defensive positioning depending on the volatility of the potential interest rate.
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