Digital asset investment products recorded $1.9 billion in inflows last week, marking the 15th consecutive week of net positive flows and driving month-to-date inflows to a record $11.2 billion—significantly surpassing the $7.6 billion seen in December 2024—according to asset manager CoinShares.
Regionally, the United States led with $2.0 billion of inflows, while Germany added $70 million, offsetting outflows from Brazil ($23.2 million), Canada ($84.3 million) and Hong Kong ($160 million).
Ethereum dominated asset-specific flows, attracting $1.59 billion in its second-largest week ever and pushing year-to-date inflows to $7.79 billion, already eclipsing full-year 2024 totals. Bitcoin, by contrast, saw minor outflows of $175 million, underscoring a divergence between the largest two assets.
Among smaller tokens, Solana and XRP drew $311 million and $189 million respectively, with SUI adding $8 million. However, broader altcoin interest was uneven, as Litecoin and Bitcoin Cash experienced modest outflows of $1.2 million and $0.66 million, respectively.
CoinShares believes these selective inflows likely reflect anticipation of select U.S. ETF approvals rather than a broader altcoin season.
Read More: Crypto asset inflows set all-time record at $4.39 billion: Coinshares
The developments come as more companies are shifting to altcoin treasury strategies that mimic what Strategy (MSTR) has done with bitcoin. Notably, bitcoin miner Bit Digital recently made a big pivot into ETH, selling $34 million in BTC for ETH and then quickly buying another $67 million in ETH using proceeds from a direct offering.
