According to the latest data from CoinShares, institutional investors purchased a total of $857.9 million in Bitcoin and crypto assets over the past week.
This inflow marks the sixth consecutive week of positive new cases and the highest weekly number of new cases since April 24.
Bitcoin dominated with $706.1 million in inflows, bringing the total Bitcoin product inflows for the year to $4.9 billion.
Short Bitcoin products saw $14.4 million in outflows, the largest weekly outflow since the beginning of this year.
The range of participation in altcoins expanded, with Ethereum recording a $77.1 million inflow, reversing the previous week's outflow.
Solana attracted $47.6 million, XRP attracted $39.6 million, while multi-asset products saw a $5.5 million outflow.
This [rise] coincides with Bitcoin breaking through the $80,000 mark in mid-week, as market sentiment improved toward the CLARITY Act's stablecoin yield compromise.
The United States led the way, purchasing $776.6 million, a significant rebound from the previous week. Germany increased purchases by $50.6 million, Switzerland by $21.1 million, and the Netherlands by $5 million.
The total assets under management of digital asset investment products increased to $160 billion.