emre yumlu 
Bitcoin and altcoins start the week with a decline, coinShares reports $48 million inflow.
Last week, a modest $48 million inflow was recorded into cryptocurrency investment products. However, due to stronger-than-expected macroeconomic data, large outflows were seen later in the week.
Unexpected Moves from Bitcoin and Ethereum Investors
Looking at the investments in crypto funds, it was observed that interest in Bitcoin increased. BTC saw an inflow of $214 million, while Ethereum (ETH) experienced an outflow of $255.6 million. Due to Bitcoin’s decline, there was also an inflow of $1.8 million into Bitcoin Short funds.
There were also some interesting developments with other altcoins. XRP saw an inflow of $41.2 million, Solana (SOL) received $15 million, Aave (AAVE) attracted $2.9 million, Stellar (AXL) had $2.7 million, and Polkadot (DOT) saw an inflow of $1.6 million.
Bitcoin received a total of $214 million in investment last week. Despite experiencing significant outflows later in the week compared to other digital assets, it continued to be the top performer with $799 million in inflows since the beginning of the year.
Ethereum was the biggest loser, with $256 million in outflows. Solana, on the other hand, had a more positive week with a $15 million inflow compared to other assets.
XRP saw a significant $41 million inflow and continues to be driven by legal developments. Interestingly, altcoins continued to attract investment despite weak price performance, with notable inflows into Aave, Stellar, and Polkadot, which received $2.9 million, $2.7 million, and $1.6 million, respectively.
Looking at regional fund flows, the US took the top spot with an inflow of $79 million, followed by Germany with $52.4 million. On the other hand, Switzerland experienced outflows of $85.3 million, Hong Kong saw $36.6 million in outflows, and Sweden had $33.2 million in outflows.
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