Digital assets saw another week of massive inflows to institutional products on surging sentiments. Bitcoin (BTC) and Ether led gains, taking seven-day investments to $785 million. Meanwhile, mid-week Solana (SOL) and multi-asset funds succumbed to bearish tensions. Overall, traders’ bullish outlook follows an uptick in stocks and crypto prices. Bitcoin Institutional Funds Records $557 Million Gains A new CoinShares Digital Asset Weekly Flows data highlights growing institutional demand in May. In the last seven days, crypto institutional funds attracted $785 million, marking the fifth consecutive week of inflows after a prolonged downturn sparked by United States trade tensions. New wins have taken total assets under management (AUM) to $172 billion, while yearly inflow exceeded $7.5 billion. This surge reclaims the $6 billion losses between February and March. Bitcoin led the pack with $557 million gains, although a slight drop from previous weeks. This is due to hawkish signals from the Federal Reserve. Institutional demand for Bitcoin is also heading to a bull point as the price moves near its all-time high. Whale purchases have intensified since the last dip, strengthening investors’ year-end outlook. Adding to the growing demand, Metaplanet and Strategy continue accumulation, with the latter purchasing an additional 7,290 BTC. As expected, short-Bitcoin products faced outflow totaling $5.8 million last week after relatively high bull volumes. The United States led geographical data, with Hong Kong tapping a new high since November. “ Investor sentiment remained divided across regions. The US, Germany, and Hong Kong recorded inflows of US$681m, US$86.3m, and US$24.2m, respectively, with Hong Kong marking its largest inflow since November 2024. In contrast, Sweden, Canada, and Brazil saw outflows of US$16.3m, US$13.5m, and US$3.9m, respectively.” Ethereum Bullish, Solana Loses Steam Altcoin traders were shrouded in mixed signals due to fears of a heated market. Ethereum products notched $204 million, taking monthly inflows to $242 million while year-to-date figures surged past $757 million. XRP, SUI, and ADA saw $4.9 million, $9.3 million, and $500k inflows, respectively. On the other hand, institutional favorite Solana fell to bearish pressure as whales dumped assets. Experts believe this follows the profit-taking effect, although current headwinds have decreased the SOL price by 4%. According to the data, Solana recorded $900,000 in exits despite the expected spot ETFs in the United States.
