Digital asset investment products continued their positive momentum, recording a fourth straight week of capital inflows.

Digital asset investment products continued their positive momentum, registering a fourth consecutive week of capital inflows, according to data from digital assets investment firm CoinShares.

These products brought in $882 million last week, raising total year-to-date (YTD) inflows to $6.7 billion. This sustained investor interest comes amid the recent uptick in crypto prices, with Bitcoin surging to touch $105,000 and Ethereum leading the way among altcoins as it surged to trade above $2,600.

Bitcoin maintained its dominant presence in digital asset investment products, notching up $867 million in weekly inflows, pushing U.S.-listed Bitcoin ETFs to a new milestone.

Since launching in January 2024, these ETFs have now realized net inflows of $62.9 billion, surpassing the previous all-time high of $61.3 billion, which was reached in February. In contrast, Ethereum saw limited activity with only $1.5 million flowing into products linked to the second-largest cryptocurrency last week.

Another notable development saw emerging blockchain network, Sui, post $11.7 million in weekly inflows, a figure that outpaced both Solana and Ethereum. As of now, Sui's YTD inflows stand at $84 million, placing it ahead of Solana's $76 million.

While Bitcoin and Sui captured the largest portions of capital last week, several other altcoins posted modest movements, highlighting a more selective investor appetite.

Among them, XRP saw $1.4 million flowing into products linked to the token, bringing its year-to-date (YTD) total to $258 million, making it one of the more favored alternatives this year.

Despite this, XRP has maintained a consistent presence with its assets under management (AUM) at $1.35 billion.

CoinShares noted that last week's inflows were largely driven by BlackRock's iShares ETF, which attracted $1.02 billion. However, this gain was partly offset by outflows from several other major providers, including Grayscale and Bitwise, which saw a combined $257 million in outflows.

In terms of regional breakdowns, the United States retained its dominant position, contributing $840 million of the global total, while Germany followed this closely with $44.5 million and Australia with $10.2 million in inflows.

Conversely, Sweden saw the highest regional outflows, losing $12 million, followed by Hong Kong with $8 million and Canada with $4.3 million.

According to CoinShares, the recent surge in digital asset prices and capital inflows appears linked to several overlapping macroeconomic trends.

Among the primary drivers is the global expansion of M2 money supply, which has increased liquidity across major economies.

Simultaneously, there are ongoing concerns over stagflation in the United States, where inflation remains elevated even as growth slows, prompting investors to seek out alternative stores of value.

Moreover, a number of U.S. states, such as Arizona, have begun passing legislation that recognizes Bitcoin as part of their strategic reserve holdings.