Crypto Market Sees Over $1 Billion in Inflows for 4th Straight Week; Bitcoin Rallies

For the past four weeks, virtual asset investment products worldwide have consistently received over $1 billion in inflows, maintaining a positive market momentum. The cryptocurrency market concluded with overall gains, driven by concentrated investments from both individual and institutional investors, primarily in Bitcoin.

According to data released by cryptocurrency specialist asset manager CoinShares, net inflows into virtual asset investment products for the week ending on the 25th totaled $1.2 billion. Among these, Bitcoin (BTC) accounted for $933 million of the total inflows, while Ethereum (ETH) recorded net inflows of $192 million.

Cumulative annual inflows into virtual asset investment products have now surpassed $4 billion. Financial experts are highlighting the sustained institutional inflow trend amidst the global macroeconomic environment, indicating that the crypto market is re-entering a phase of concentrated institutional investment after experiencing volatility. Crossing the $4 billion annual inflow mark demonstrates robust investor sentiment in the virtual asset market.