Interest in crypto investments remains robust, with investors showing sustained confidence in crypto investment products over the past weeks. Driven by positive market trends, inflows reached an impressive $1.98 billion between November 3 and November 9, pushing the total global assets under management to a record $116 billion. This marks the fifth consecutive week of positive inflows, totaling $7.7 billion, or 24% of this year's total inflows of $31.3 billion.

Bitcoin ETFs in the U.S. lead inflows

Spot Bitcoin ETFs in the United States accounted for the largest share of inflows. Bitcoin alone attracted $1.8 billion, bringing BTC product inflows to a total of $9 billion since the Federal Reserve's interest rate cut in September, a move that sparked renewed interest in crypto. This strong momentum demonstrates how critical the macroeconomic environment is for investors, especially with the current favorable political and financial landscape.

Regional Differences in Inflows

Regionally, the majority of inflows originated in the United States, with a substantial $1.95 billion. Europe followed at a smaller scale, with Switzerland and Germany contributing $23 million and $20 million, respectively. Meanwhile, Sweden showed a contrasting trend, where investors continued to sell crypto products, resulting in an outflow of $25.7 million.

Significant Increase in Ether ETF Inflows

Bitcoin wasn‘t the only crypto to benefit from the positive sentiment. Ether ETFs saw their largest inflows since their launch, with $157 million in the first week of November. This signals growing interest in Ethereum and an increasingly positive outlook toward altcoins. Other coins like Solana, Uniswap, and Tron also saw rising demand, with inflows of $3.9 million, $1 million, and $0.5 million, respectively.

Mixed sentiment on Short-Bitcoin products

While the overall sentiment remains positive, last week saw a $2.7 million outflow from short-Bitcoin products, as investors shifted focus to regular Bitcoin products. This strong inflow into Bitcoin helped push its price to a new record high above $80,000 on November 10, rising further to $82,379 on November 11.

The positive market sentiment toward crypto clearly remains strong, with investors continuing to show confidence in digital assets‘ potential as the range of available investment products expands.