CoinMarketCap reports increased interest from institutional investors in Ethereum products

Last week, the cryptocurrency market experienced significant changes, primarily driven by the revaluation of key assets' investment attractiveness. Ethereum-based funds (ETH) recorded the highest net inflow, according to CoinMarketCap.

Market participants have been actively investing in ETH for the past seven weeks, with the total inflow during this period reaching $10.9 billion. The platform’s experts note that much of Ethereum's investment growth was attributed to spot ETFs in the United States, which contributed approximately $286 million to the total.

Bitcoin underperformed last week, losing $8 million in investments. However, its total inflow over the past six weeks still amounted to $9.6 billion.

Fueled by optimism surrounding the approval of spot ETH ETFs, major players have begun redirecting their investments toward Ethereum products. Their interest persisted even after the asset's price declined 2.7% last week, CoinMarketCap notes.

When analyzing other cryptocurrencies, the platform's experts highlight an outflow of funds from XRP and inflows into Solana and Cardano products.