The largest cryptocurrency was the sole driving force that pulled around $860 million over the past week.
In the altcoin market, Sui was the real game changer after generating $11.7 million, more than Ethereum and Solana. The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four weeks, the inflows stood at $6.3 billion, which is about 93% of the total activity recorded this year. The largest cryptocurrency was the sole driving force that pulled around $860 million over the past week and took the US-listed Bitcoin ETFs to hit a new milestone.
After its introduction in January 2024, its net inflows added $62.9 billion, and it has also crossed its previous high of $61.6 million made in February 2025. Talking about Ethereum, it generated only $1.5 million in that same duration.
iShares BTC ETF Records Great Performance
In the altcoin market, Sui was the real game changer after generating $11.7 million, more than Ethereum and Solana, and has also taken its year-to-date inflows to $84 million. XRP generated $1.4 million in weekly inflows and influenced its year-to-date estimation to around $258 million. At the same time, other altcoins did not show a drastic change in inflows, and investors were clearly focused on certain tokens. Blackrock’s iShares Bitcoin ETF alone generated $1 billion past week, which is more than the combined inflows of other ETFs.
After its introduction, it has generated a total of $8.1 billion in net inflows, surpassing the cumulative total of the sector this year. The main reason for the above-mentioned inflows is said to be the broader macroeconomic forces like the expansion of global M2 money supply, which has influenced the liquidity into markets and given rise to the search for harder assets. The head of research of CoinShares, James Butterfill, states that another reason for this is the stagnation fears in the United States, which have pushed investors towards alternative assets like Bitcoin.
