Ethereum Dethrones Bitcoin In Global Crypto Weekly Inflows: All About It

Key Insights:

• Ethereum led digital asset inflows with $295.4 million, marking its seventh consecutive week of gains.
• Bitcoin recorded $56 million in outflows amid growing caution over U.S. monetary policy signals.
• U.S. drives regional inflows at $175 million, while Hong Kong and Brazil report notable outflows.

The second-largest digital asset, Ethereum, has once again taken the spotlight in the digital asset market.

The cryptocurrency pulled in the largest share of global weekly inflows and overtook Bitcoin for the second week.

Investor sentiment shifts as attention turns toward inflation updates and potential moves by the U.S. Federal Reserve.

Ethereum Records Strongest Weekly Performance

CoinShares report shows that Ethereum led all digital assets in the latest reporting week. Per the update, the coin attracted $295.4 million in inflows.

Notably, this recent inflow marked its seventh straight week of gains and brought its total for the year to $1.7 billion.

It is worth mentioning that it now accounts for 10.5% of all assets under management in crypto investment products tied to Ethereum.

It is essential to add that this performance marks ETH’s strongest run since the week of the U.S. elections last November.

According to the data, Ethereum’s weekly inflows surpassed all other cryptocurrencies.

This points to renewed confidence from both institutional and individual investors.

In contrast, the largest digital asset, Bitcoin, saw another round of outflows totaling $56 million. This is its second consecutive week of decline.

Short Bitcoin products also posted $4.1 million in outflows, showing investors are stepping back from both sides of the Bitcoin trade.

Based on market perception, current uncertainty over U.S. monetary policy is likely a significant factor behind the cautious approach.

With inflation data and Federal Reserve announcements on the horizon, many are taking a wait-and-see position.

Regional Breakdown Highlights U.S. Dominance

According to the update, the United States accounted for the largest share of weekly inflows, bringing in $175 million.

Germany followed this with $47.8 million and Switzerland with $15.7 million. Canada and Australia saw more modest inflows of $9.8 million and $6.5 million, respectively.

On the other side of the ledger, outflows were reported in Hong Kong and Brazil, with $14.6 million and $9.2 million withdrawn.

Sweden also saw a decline of $7.7 million. Notably, the outflows in Hong Kong ended a stretch of record-setting inflows in recent weeks.

Global inflows totaled $224 million, adding to a strong seven-week streak that has now reached $11.3 billion.

While the broader trend remains positive, the pace of inflows has slowed compared to previous weeks.

Altcoins Mixed as Investor Focus Narrows on Ethereum and BTC

Outside Ethereum and Bitcoin, results were mixed. Sui attracted a modest $1.1 million in inflows.

Ripple Labs associated digital asset XRP, which was formerly leading the inflows earlier this year, is pushing negatively.

The report shows that the digital asset saw an outflow of $4 million, making it its third straight week of losses.

Solana lost $2.1 million, while multi-asset investment products fell by $6.6 million.

Another alternative cryptocurrency, Cardano and Chainlink, each saw minor losses. Litecoin remained flat.

Ethereum’s surge stands out in a market still shaped by caution and changing views on policy risk.

Still, Carl Moon predicted that Ethereum will make millionaires in this Altcoin season.

Other reports also add that Ethereum’s 2025 price may hit $3,900, potentially $7,000 in five years.