Bitcoin and Ether lead crypto fund inflows as Europe adds $43 million.

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As a A recent report, Digital asset investment products totaled $43 million in revenue for the 11th consecutive week. However, with some investors taking a cautious stance amid the recent price hikes, the latest earnings represent a slowdown compared to previous weeks.

Bitcoin continues to be a major focus for investors, attracting $20 million in fresh inflows last week and bringing its year-to-date total to $1.7 billion. Bitcoin short positions saw $8.6 million in revenue, indicating that some investors view Bitcoin's current price level as unsustainable.

Ethereum continues its impressive recovery after a heavy selloff earlier this year, posting its 6th consecutive week of $10 million in revenue. Just seven weeks ago, Ethereum saw year-to-date outflows of up to $125 million, which turned into $19 million in net income last week.

Other altcoins such as Solana and Avalanche are popular with investors as they saw $3 million and $2 million in withdrawals last week respectively.

Blockchain-focused stocks saw $126 million in weekly gains as institutional appetite for crypto and web3 exposure grew.

Regionally, Europe dominated the flow into digital assets last week with $43 million in inflows. The US entered a more modest $14 million, half of which went into short positions. Markets such as Hong Kong and Brazil saw smaller inflows of $8 million and $4.6 million, respectively.

The report indicates that digital asset investments remain attractive, but some investors are cautious after the recent price correction. Bitcoin and Ethereum lead the way in assets attracting new money, while crypto-focused stocks will see a surge in interest.

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