Degen

According to CoinShares’ weekly report, the crypto market continued a seven-week inflow trend by attracting $286 million in capital, but the total value of assets under management fell to $177 billion.

James Butterfield of CoinShares blamed the market volatility and decline on economic uncertainty in the United States and the temporary revival of Trump-era tariffs.

Last week, Ethereum-based investment products recorded the largest inflows, attracting $321 million, a sign of a change in investor sentiment. This was the sixth consecutive week of inflows for Ethereum.

In contrast, Bitcoin funds saw their first outflow in six weeks, with $8 million, most of which came from BlackRock’s iBit fund.

Ripple (XRP) also saw its second consecutive week of outflows, with $28.2 million.