Last week recorded relatively modest inflows of $6 million in the crypto market, with mid-week gains being overshadowed by negative flows caused by unfavorable US economic data. Despite the small positive inflows, there is a noted shift in market sentiment.

The CoinShares report revealed that the week commenced with minor inflows, but the release of stronger-than-expected US retail sales data led to outflows of $146 million. This data was a result of increased consumer spending in the US, particularly on motor vehicles and various goods, in an effort to mitigate the impact of Trump's tariffs.

Consequently, the US experienced outflows totaling $71 million, contrasting with positive flows observed in other regions like Europe and Canada. Notably, Ethereum saw significant negative flows of nearly $27 million, followed by Bitcoin with $6 million in outflows.

Investors showed varied sentiment as they shifted focus to alternative cryptocurrencies like XRP, Solana, and Cardano, which are colloquially referred to as 'made in USA' tokens. XRP, in particular, recorded positive flows of $37.7 million, largely attributed to increased network activity and anticipation surrounding Coinbase's launch of XRP futures.

The evolving market dynamics have hinted at a maturing crypto market, where institutional investors are viewing cryptocurrencies like Bitcoin as strategic assets rather than speculative investments. Bitcoin's resilience amidst economic uncertainties indicates a shift towards treating it as a dynamic asset that offers stability compared to high-growth stocks but does not garner the same safe-haven status as traditional assets.