Ethereum has emerged as a standout performer in the digital asset market following the successful rollout of its long-awaited Pectra upgrade on May 7. The upgrade, which had been delayed multiple times, coupled with the appointment of co-executive director Tomasz Stańczak, has reignited investor interest and confidence.
Ethereum Leads Recovery in Digital Asset Investment Products
According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, Ethereum saw $205 million in inflows last week alone, pushing its year-to-date total to $575 million. This strong showing comes amid a broader market recovery, with digital asset investment products registering $785 million in inflows for the week—marking the fifth consecutive week of positive momentum. Cumulatively, total inflows for 2025 have now reached $7.5 billion, surpassing the earlier high of $7.2 billion recorded in February and offsetting the $7 billion outflows from the February–March downturn.
Bitcoin also drew significant attention with $557 million in weekly inflows. However, this was a slight decrease from the previous week, likely impacted by continued hawkish signals from the U.S. Federal Reserve. At the same time, short-bitcoin products recorded $5.8 million in inflows, indicating that some investors are taking a defensive stance as prices rise.
Mixed Altcoin Activity and Regional Trends
Among altcoins, Sui and XRP registered inflows of $9.3 million and $4.9 million, respectively. Cardano and Chainlink followed with smaller gains of $0.5 million and $0.2 million. In contrast, Solana experienced outflows of $0.89 million, while multi-asset products faced a larger withdrawal of $2.9 million.
Regionally, the United States dominated inflow activity with $681 million, underscoring its strong investor appetite. Germany contributed $86.3 million, while Hong Kong posted $24.2 million—its highest weekly inflow since November 2024. Australia and Switzerland recorded modest inflows of $13.5 million and $2.7 million, respectively.
Conversely, Sweden saw $16.3 million in outflows, followed by Canada at $13.5 million and Brazil at $3.9 million, signaling a more cautious or profit-taking attitude among investors in those areas.
Make money without lifting your fingers: Start using a world-class auto trading solution.
EightCap, your trusted Partner in CFDs, Cryptocurrencies and Stocks.
