Digital asset investment products inflow $230 million......Funds reverse sharply after FOMC meeting

Last week, digital asset investment products saw a total inflow of $230 million, maintaining a net inflow trend, but at a significantly slower pace than before.

On the 24th, CoinShares noted that the key factor behind this round of capital flow was the change in the Federal Reserve’s monetary policy interpretation, which had a greater impact than geopolitical tensions.

CoinShares explained, “Although some believe that the prolonged Iran conflict has suppressed investment sentiment, in reality, the ‘hawkish pause’ interpretation surrounding the Federal Reserve meeting is considered the main reason.”

Actual capital flows also support this. In the first two days of the week, inflows reached $635 million, showing strong buying interest, but following the FOMC meeting, there was a large outflow of $405 million. However, as the weekend approached, the outflow gradually eased.

Regionally, all major markets continued to experience net inflows. The United States accounted for the largest share with $153 million, while Germany and Switzerland saw inflows of $30.2 million and $27.5 million, respectively. CoinShares commented, “Fund flows generally remained positive across regions, indicating that investment demand remains structurally stable.”

Digital asset investment product capital flows by asset class / CoinShares Research

By asset class, Bitcoin led the overall trend with $219 million in inflows. Meanwhile, Short Bitcoin products, which bet against Bitcoin, also saw inflows of $6 million, indicating significant divergence in market direction judgments. CoinShares analysis states, “Both long and short positions are inflowing simultaneously, suggesting investor sentiment is polarized.”

Solana experienced seven consecutive weeks of inflows totaling $17 million, reaching a cumulative $136 million, making it one of the most stable assets in recent demand. Ethereum, on the other hand, saw outflows of $27.5 million, ending a three-week streak of inflows.

Additionally, Chainlink and Hyperliquid saw inflows of $4.6 million and $4.5 million, respectively, indicating that selective demand for certain altcoins continues. CoinShares commented, “Overall, while the market remains sensitive to macro variables, selective investment flows into specific asset classes are maintained.”