Ethereum Dominates $3.75B Crypto Inflow Surge; Solana and XRP Follow Suit

CoinShares’ latest report reveals a staggering $3.75 billion in crypto-product inflows last week, the fourth highest on record. Ethereum led the charge, attracting a record-breaking influx of capital and significantly outpacing Bitcoin.

Ethereum’s Unprecedented Run

Ethereum’s performance was nothing short of spectacular. With $2.87 billion in inflows—77% of the total—it eclipsed Bitcoin’s inflow for the week. This surge brought Ethereum’s year-to-date inflows to a remarkable $11.094 billion, representing approximately 29% of its total assets under management (AUM).

This institutional demand fueled a price surge, pushing Ethereum to its highest level since the 2021 bull market, reaching $4,776 last week.

Geographic Distribution of Inflows

The majority of inflows ($3.725 billion, over 99%) originated from the United States, primarily through iShares ETFs. Smaller but significant contributions came from Canada, Hong Kong, and Australia. Conversely, Brazil and Sweden saw outflows.

Bitcoin’s Performance

While Bitcoin reached a new all-time high of $124,128 last week, its institutional inflow lagged behind Ethereum’s, totaling $552 million. Although its year-to-date inflows ($21.08 billion) are higher, they only account for 11.6% of its total AUM, contrasting sharply with Ethereum’s 29%.

Solana and XRP Gain Momentum

While Ethereum dominated, Solana and XRP also experienced significant inflows, indicating growing institutional interest despite the absence of US spot crypto ETFs. Solana saw $176.5 million in inflows, representing 89% of its monthly inflow and 16.8% of its year-to-date total. XRP recorded $125.9 million in inflows, accounting for 85% of its monthly inflow and 10% of its year-to-date total.

Other notable inflows included Sui, Cardano, Chainlink, and short Bitcoin products. Litecoin bucked the trend with net outflows.

Featured image from Getty Images, chart from Tradingview.com