Institutional investors just purchased a total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares.
These inflows mark a reversal from a five-week streak of outflows totaling $4 billion.
Bitcoin dominated purchases, attracting $881 million. Ethereum followed with $117 million in inflows, marking its strongest week since mid-January. Among altcoins, Solana leads with $53.8 million.
The rebound was widespread geographically. The United States contributed the bulk of $957 million, Canada $34.1 million, Germany $31.7 million and Switzerland $28.4 million.
CoinShares attributes this change to recent price weakness and falls below key technical levels, with new accumulation by large Bitcoin holders also playing a role.
Despite this sharp rise, Bitcoin and Ethereum investment products remain in a net exit position since the start of the year. Solana stands out positively with $156 million in admissions since the start of the year.
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