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#BTC# #XRPUSDT $XRP # CoinShares, a well-known cryptocurrency asset management and research company, reported a significant recovery in institutional investments last week, as millions of dollars flowed into altcoin products.
According to their latest weekly report on the movement of digital asset funds, after a period of record outflows, the market has seen a remarkable revival.
Last week, investment products saw an inflow of $226 million, reflecting the cautious yet optimistic sentiment of investors. Despite the sharp outflow last Friday – prompted by the Personal Consumption Expenditures report (PCE) in the U.S., which reported higher than expected values – the overall trend remains positive, with exchange-traded products (ETP) marking a series of nine consecutive days of inflow.
Bitcoin (BTC) remained the dominant asset, attracting $195 million, while altcoins reversed a month-long trend of outflows. Ethereum (ETH), Solana (SOL), XRP, and Sui (SUI) led among altcoins, each benefiting from a portion of the $33 million inflow into alternative digital assets. This marked the first incoming flow for altcoins after a prolonged period of outflows totaling $1.7 billion.
From a geographical perspective, the largest contribution came from the USA with an influx of $204 million, followed by Switzerland and Germany, which contributed $14.7 million and $9.2 million, respectively.