CandleFocus

Ethereum Breaks Losing Streak with $87 Million Inflows: CoinShares

The previous week saw a reversal in Ethereum's five-week decline as ETH-based product inflows reached $87 million, marking the first measurable inflow since early August. This is part of a larger trend of a significant revival in digital asset investment products, which experienced inflows for the third consecutive week, totaling $1.2 billion. The surge is likely driven by expectations of a dovish monetary policy in the US and positive price momentum. Bitcoin attracted $1 billion in weekly inflows, while Solana saw $4.8 million in outflows. Regional sentiment varied, with the US attracting the most inflows at $1.2 billion, while Germany and Brazil experienced significant outflows.

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