Despite recent market volatility, investors continue to demonstrate strong confidence in cryptocurrencies, pouring a substantial $1.9 billion into crypto-backed investment products over the past week. This influx represents the ninth consecutive week of positive inflows into digital asset funds, underscoring rising optimism among traders who seek to capitalize on recent price dips.
Bitcoin (BTC) led the market recovery, capturing the lion’s share of inflows at $1.3 billion. This rebound follows a challenging couple of weeks for Bitcoin, which suffered sharp declines due to geopolitical tensions surrounding the conflict between Israel and Iran. Ethereum (ETH) trailed behind Bitcoin with robust inflows of $583 million, marking Ethereum’s largest weekly investment since February.
Interest in altcoins has also surged, with XRP attracting approximately $11.8 million in renewed investor capital. XRP’s inflows follow several lackluster weeks and can be attributed to recent positive developments within its ecosystem. Further, lesser-known tokens like Sui (SUI) recorded inflows of $3.5 million, demonstrating investors’ willingness to venture beyond mainstream assets. Meanwhile, Solana (SOL) secured inflows totaling $1.3 million, reflecting continued appetite from traders exploring credible altcoin opportunities.
Geographically, the United States dominated the week’s total inflows, although steady investment was also recorded in Switzerland, Germany, and Canada. Conversely, emerging markets such as Brazil and Hong Kong experienced minor outflows, suggesting a more cautious approach among investors in these regions.
Adding to the optimism, derivatives market data further reveals growing bullish expectations among traders. The 25 Delta skew for Bitcoin options—a crucial sentiment indicator—recently shifted into positive territory according to data from Glassnode. Short-term options contracts specifically saw substantial shifts, with the one-week skew rising significantly from -2.6% to +10.1% and the one-month skew climbing from -2.2% to +4.9%. These movements indicate traders are increasingly positioning themselves to benefit from potential near-term price gains.
Given this bullish alignment of trader sentiment and substantial investment inflows, Bitcoin is showing signs it may soon retest—and possibly surpass—the closely watched $110,000 level. As of now, Bitcoin is trading just over $106,800, up around 1.6% over the past 24 hours, as it consolidates its recovery following recent declines.
