Sui surpasses Solana in YTD inflows; Bitcoin continues to dominate institutional interest

Digital asset investment products recorded $882 million in weekly inflows, marking the fourth consecutive week of positive momentum. This brings year-to-date (YTD) inflows to $6.7 billion, rapidly approaching the $7.3 billion peak reached in early February.

Digital asset investment products saw a fourth week of inflows, with a stellar $882 million in the latest week, according to the latest data from CoinShares.

This brings year-to-date (YTD) inflows to $6.7 billion, quickly advancing toward the peak of $7.3 billion reached in early February.

Key Highlights

Total weekly inflows: $882 million

YTD inflows: $6.7 billion

US Bitcoin ETFs hit a record $62.9 billion in cumulative net inflows since January 2024

Bitcoin dominates with $867 million in inflows

Sui outperforms altcoins with $11.7 million in inflows, surpassing Solana in YTD flowsRegional Flows

The United States continues to be a dominant hub for crypto investment products, with a weekly inflow of $840 million. Germany follows with $44.5 million, and Australia with $10.2 million. Canada saw an outflow of $8 million, while Hong Kong had an outflow of $4.3 million.

Asset Breakdown

Bitcoin (BTC) continues to be the primary driver of institutional interest, with $867 million flowing into Bitcoin products this week. This is the second-highest weekly inflow for Bitcoin this year.

While Ethereum (ETH) saw some price appreciation recently, its weekly inflows remained low at $16 million.

On the other hand, Sui (SUI) outperformed other altcoins with $11.7 million in inflows, positioning it as the second most-popular asset. This also pushes SUI past Solana (SOL) in terms of YTD flows—$84 million for SUI versus $76 million for SOL.

Solana had outflows of $3.2 million in the latest week, and overall, altcoins excluding SUI saw outflows of $2.8 million.

What’s Driving the Flows?

Several macroeconomic factors are contributing to the sustained institutional demand and price momentum across digital assets.

These include the:

Rising M2 money supply globally

Stagflationary risks in the U.S.

Adoption of Bitcoin by several U.S. states into their strategic reserves

These trends are likely to continue shaping the narrative in the coming months.