Crypto investment products, including %Bitcoin (CRYPTO: $BTC) and %Ethereum (CRYPTO: $ETH), recorded $1.9 billion U.S. of inflows over the last week, the ninth consecutive week of gains for digital assets.
Bitcoin continues to dominate the crypto market with $1.3 billion U.S. of inflows, quickly rebounding from a sharp dip after the Iran-Israel conflict erupted in recent days.
Ethereum (ETH) is in second place with $583 million U.S. of inflows, its biggest amount since February of this year.
Altcoins are also in positive territory, with XRP (CRYPTO: $XRP) registering $11.8 million U.S. in fresh inflows, followed by %Solana (CRYPTO: $SOL) with $1.3 million U.S.
Analysts say crypto is holding up well despite heightened geopolitical and macroeconomic risks, as well as impacts from tariffs and trade wars, notably between the U.S. and China.
Regionally, America continues to dominate crypto inflows, accounting for a majority of the $1.9 billion U.S. total over the past week.
Smaller inflows were seen in Switzerland, Germany, and Canada.
Looking ahead, derivatives data shows that traders are growing increasingly bullish on near-term price action for cryptocurrencies.
Current data suggests traders are positioning for near-term upside in crypto prices, especially for Bitcoin.
Analysts note that, if current momentum holds, Bitcoin will soon climb back above the key level of $110,000 U.S. and retest its all-time high.
Bitcoin, the largest cryptocurrency by market capitalization, is currently trading at $106,700 U.S., having gained 14% this year.
