Investment in cryptocurrency is gaining momentum, with institutional investors leading the charge. Data indicates that digital asset investment products have seen inflows of $1.2 billion, marking the fourth consecutive week of growth, according to a report by CoinShares. The total assets under management for crypto funds now stand at $155 billion, the highest since February 1, but still below the $263 billion peak in October 2025. Bitcoin saw an influx of $933 million, bringing the year-to-date total to $4 billion, while Ether attracted $192 million for the third consecutive week.
Meanwhile, blockchain equity ETFs are gaining traction, with inflows totaling $617 million over the past three weeks. This surge in demand for indirect exposure to cryptocurrency is notable, as investors who cannot or will not hold bitcoin directly are turning to equity wrappers in the sector. The price of bitcoin reached $79,399 before reversing to $77,705, and the upcoming week will be crucial in determining whether institutional flows can absorb the selling pressure and push the price above $80,000.
The earnings reports from major tech companies, including Alphabet, Microsoft, Amazon, Meta, and Apple, will also play a significant role in shaping the market trend, as they represent a substantial portion of the S&P 500's market capitalization.