CoinShares reports that altcoins are experiencing a resurgence in interest as worldwide cryptocurrency investments reach $226 million.

Last week, crypto investment funds experienced $22 million in inflows, primarily due to growing U.S. interest in Bitcoin. Additionally, altcoins ended a four-week period of outflows, drawing in $225 million, with Ethereum, Solana, XRP, and Sui funds leading the way. Following a challenging few weeks, the crypto investment sector is beginning to rebound. According to CoinShares, there was a significant rise in global investments in digital asset products last week, reaching $0.673 million. This increase is crucial as it represents the second consecutive week of positive trends. This recovery comes after the highest outflows ever documented. Bitcoin continues to attract the most investor funds. Investments targeting the largest cryptocurrency accumulated $20.67 million in net inflows. It wasn’t only a single nation getting involved. Investors from the U.S. provided the majority of the funding at $22.5 million, while contributions from Switzerland and Germany amounted to $2196.4 million and $9.2 million, respectively. Source: CoinShares. Despite the surge in investment, the prices conveyed a different narrative. During the week, Bitcoin’s value dropped approximately 5.30%, and the GMCI 30 index, which monitors major cryptocurrencies, fell by 10.6%.