Institutional investors injected a significant $1.2 billion into crypto assets in a single week, marking the fourth consecutive week of positive inflows, according to CoinShares.
Bitcoin was the primary driver, attracting $933 million, bringing its year-to-date total to $4.0 billion. Ethereum also saw substantial interest with $192 million in inflows.
The United States led the surge with $1.1 billion in inflows, followed by Germany, Switzerland, and Canada. Total assets under management reached $155 billion, the highest since early February.
This increased institutional demand comes as Bitcoin trades at its highest levels since early February, ahead of the latest FOMC decision.