Inflows from Bitcoin ETFs reach a record high of $3.12 billion, surpassing Ethereum.

Bitcoin exchange-traded funds (ETFs) have reached a milestone, recording their highest weekly inflows ever of $3.12 billion, according to CoinShares. This significant influx has contributed to a total of $37 billion year-to-date, representing a new high for digital asset investments.

Inflows break records

Digital asset investment products saw notable weekly inflows of $3.13 billion, largely driven by Bitcoin. This rise exceeds the initial performance of US gold ETFs, which attracted just $309 million in their first year. The inflow was mostly from the United States, amounting to $3.2 billion, while countries such as Germany, Sweden, and Switzerland saw outflows of $40 million, $84 million, and $17 million, respectively, as investors took advantage of high prices to make profits.

Bitcoin dominates, Solana beats Ethereum

Bitcoin alone accounted for $3 billion in inflows, with an additional $10 million directed toward short-term Bitcoin investment products. This represents the largest inflow since August 2022, with monthly figures reaching $58 million. Solana outperformed Ethereum in the same period, attracting $16 million in inflows compared to Ethereum's $2.8 million, though it is still behind Ethereum in year-to-date metrics.

Global investment trends

While some European countries saw outflows, other regions showed a positive trend. Australia, Canada and Hong Kong recorded inflows of $9 million, $31 million and $30 million, respectively. Altcoins such as XRP, Litecoin, and Chainlink also saw significant interest, with inflows of $15 million, $4.1 million, and $1.3 million, respectively. However, multi-asset investment products saw a second straight week of outflows, with a total value of $10.5 million.

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