Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares.
The inflows mark a reversal from a five-week streak of outflows totaling $4 billion.
Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking its strongest week since mid-January. Among altcoins, Solana led with $53.8 million.
The rebound was broad-based geographically. The US accounted for the bulk at $957 million, Canada saw $34.1 million, Germany $31.7 million and Switzerland $28.4 million.
CoinShares attributes the shift to recent price weakness and breaks below key technical levels, with renewed accumulation by large Bitcoin holders also playing a role.
Despite the surge, both Bitcoin and Ethereum investment products remain in net outflow positions year-to-date. Solana stands out positively with $156 million in YTD inflows.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Generated Image: Midjourney
Summary Spot Bitcoin ETFs recorded $180.4M inflows on March 13, led by BlackRock’s IBIT with…
While Ethereum laid down the groundwork for smart contracts,21Shares found that Solana's speed and…
USD1, a stablecoin affiliated with President Donald Trump, just briefly dipped below its $1.00 price…
When you find the best crypto margin trading exchanges, you protect your capital from avoidable…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.…
The Moon is almost fully out of view, and if you were hoping to do…