CoinShares: Ethereum drove a surge in digital asset inflows last week, reaching a monthly high

According to Foresight News, CoinShares has released its latest weekly report showing that $1.9 billion in funds flowed into digital asset investment products last week, bringing the total inflow to a record high of $11.2 billion so far this month. Ethereum attracted $1.59 billion in capital inflows, the second largest weekly inflow in its history, and the year to date inflow exceeded the total for 2024. Although Solana and XRP have seen strong inflows of funds, the outflow of funds from Bitcoin is relatively small ($175 million), highlighting potential ETF expectations rather than a widespread altcoin season.