Bitcoin Clinches Fifth Consecutive Net Institutional Inflow, Solana Fund Dips

Digital assets saw another week of massive inflows to institutional products on surging sentiments. Bitcoin (BTC) and Ether led gains, taking seven-day investments to $785 million. Meanwhile, mid-week Solana (SOL) and multi-asset funds succumbed to bearish tensions. Overall, traders’ bullish outlook follows an uptick in stocks and crypto prices.

Bitcoin Institutional Funds Records $557 Million Gains

A new CoinShares Digital Asset Weekly Flows data highlights growing institutional demand in May. In the last seven days, crypto institutional funds attracted $785 million, marking the fifth consecutive week of inflows after a prolonged downturn sparked by United States trade tensions.

New wins have taken total assets under management (AUM) to $172 billion, while yearly inflow exceeded $7.5 billion. This surge reclaims the $6 billion losses between February and March. Bitcoin led the pack with $557 million gains, although a slight drop from previous weeks. This is due to hawkish signals from the Federal Reserve.

Institutional demand for Bitcoin is also heading to a bull point as the price moves near its all-time high. Whale purchases have intensified since the last dip, strengthening investors’ year-end outlook. Adding to the growing demand, Metaplanet and Strategy continue accumulation, with the latter purchasing an additional 7,290 BTC.

As expected, short-Bitcoin products faced outflow totaling $5.8 million last week after relatively high bull volumes. The United States led geographical data, with Hong Kong tapping a new high since November.

“Investor sentiment remained divided across regions. The US, Germany, and Hong Kong recorded inflows of US$681m, US$86.3m, and US$24.2m, respectively, with Hong Kong marking its largest inflow since November 2024. In contrast, Sweden, Canada, and Brazil saw outflows of US$16.3m, US$13.5m, and US$3.9m, respectively.”

Ethereum Bullish, Solana Loses Steam

Altcoin traders were shrouded in mixed signals due to fears of a heated market. Ethereum products notched $204 million, taking monthly inflows to $242 million while year-to-date figures surged past $757 million. XRP, SUI, and ADA saw $4.9 million, $9.3 million, and $500k inflows, respectively.

On the other hand, institutional favorite Solana fell to bearish pressure as whales dumped assets. Experts believe this follows the profit-taking effect, although current headwinds have decreased the SOL price by 4%. According to the data, Solana recorded $900,000 in exits despite the expected spot ETFs in the United States.