Ethereum leads the digital asset market, attracting a massive inflow of funds totaling $1.5 billion for 7 consecutive weeks.

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According to the latest weekly report released by CoinShares, digital asset investment products saw an inflow of $286 million last week, recording an inflow of $11 billion for seven consecutive weeks. Ethereum led the rally this week, with $296.4 million in inflows, the seventh consecutive week of inflows, totaling $1.5 billion, or 10.5% of its total assets under management. Bitcoin saw a small outflow for the second week in a row, totaling $56.5 million. Products shorting Bitcoin also saw outflows for the second week in a row. Altcoins were weak. Sui attracted a modest inflow of $1.1 million, while XRP saw outflows for the third week in a row, totaling $6.6 million.

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