Crypto investment products saw a surge in inflows last week, reaching the highest volume levels since July 2023, according to CoinShares' weekly analysis report. The firm reported $78 million in inflows for the second consecutive week, with crypto exchange-traded products (ETPs) volumes also surging by 37% to $1.1 billion. Bitcoin (BTC) volumes rose 16% on trusted exchanges.

Solana (SOL) continued to assert itself as the "altcoin of choice," with its weekly inflows reaching the highest level since March 2022. However, some major crypto investment products saw more muted movements, such as the US Ethereum futures ETFs, which attracted only around $10 million in the first week.

CoinShares also reported that 90% of all crypto asset inflows came from Europe, with Germany and Switzerland contributing the most, accounting for 88% of all inflows last week.