Digital Asset Investment Products See $1.4 Billion Weekly Inflows

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 2 hours ago

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Record Weekly Inflows: CoinShares reported that digital asset investment products saw $1.4 billion in net inflows last week, marking the highest weekly total since January, indicating a strong interest in digital assets and a recovery in investor confidence.
Bitcoin Leads Inflows: Bitcoin investment products attracted $1.116 billion in inflows last week, lifting year-to-date inflows to $3.1 billion, demonstrating the positive impact of Bitcoin's price surge on investor sentiment.
Strong Ethereum Performance: Ethereum investment products posted $328 million in inflows, their best weekly result since January, bringing year-to-date inflows to $197 million, suggesting an improving demand for Ethereum.
US Dominates Inflow Trends: US-based products accounted for $1.5 billion of the inflows, making the US the clear driver of global fund activity, while Germany recorded $28 million in inflows, highlighting the disparity between the strong US market and other regions.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 5 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	62689.923	66597.901	70517.043	74425.021	78344.163	82252.141	86171.283
Fibonacci	66597.901	69587.861	71435.061	74425.021	77414.981	79262.181	82252.141

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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