Bitcoin sees $219M in inflows as digital asset products gain $230M in a cautious week
Summary
Digital asset investment products attracted $230 million in net inflows last week, marking a significant slowdown driven by the Federal Reserve's hawkish stance following its policy meeting. This caution caused the Fear & Greed Index to drop to "Extreme Fear," leading institutional capital to retreat to the perceived safety of Bitcoin, which captured $219 million, or 95% of the total inflows.
Ethereum experienced a sharp reversal, seeing outflows of about $60 million as investors concentrated exposure in Bitcoin. Meanwhile, Solana continued a positive streak, attracting $21.1 million over seven consecutive weeks, suggesting structural allocation despite the fear.
The market remains highly sensitive to the Fed's forward guidance; any dovish signal could boost inflows, while further hawkishness could deepen fear. Currently, Bitcoin is acting as digital gold, absorbing most institutional demand while Ethereum struggles with negative flows.
(Source:Crypto Briefing)