The march on institutional investments continues, as 5 of the last 6 weeks since the Fed cuts were announced have resulted in significant inflows. Last week we saw over $901M in digital asset investments, once again led by BTC ($920M), while BlackRock added another $1.14B AUM to its BTC ETF holdings.

There were also some interesting ETH outflows (-$34.7M) and relatively large SOL inflows ($11M), which pushed SOL's YTD inflows to $69M. Nevertheless, both ETH and SOL could see increased institutional activity provided there is a stable macro environment, especially as on-chain activity and stablecoin liquidity continue to grow.