Crypto Investment Boom: Ethereum Takes the Lead

Investors poured $224 million into crypto-related investment products last week, driving a total of $11 billion in inflows over seven weeks. Despite this surge, cautious investors are waiting for inflation signals from the Federal Reserve to inform their next moves. Ethereum attracted a significant $296.4 million in new capital last week, representing 10.5% of total assets, marking its strongest performance since the 2024 U.S. Presidential Election. In contrast, Bitcoin-based investment products saw a further outflow for the second consecutive week, losing $56.5 million. Interestingly, short Bitcoin investments also experienced outflows.