Bitcoin Leads as Crypto Investment Products Record $2B in Net Inflows

Investment products tied to cryptocurrencies registered their third consecutive week of inflows, with Bitcoin emerging as the biggest winner.  Data from CoinShares shows that crypto investment products saw another week of net inflows. Last week, they saw a total inflow of $2.02 billion, bringing the total inflows over the past three weeks to $5.5 billion.  This marks a major shift in investors’ sentiment over the past few weeks, indicating they are now committing funds to these investment products. Before this shift, the market saw outflows for three consecutive weeks from late March to mid-April, driven by the global tariff war.  However, since Donald Trump announced a 90-day pause on reciprocal tariffs, investors’ confidence in crypto products soared. Accordingly, the market ended the subsequent weeks with positive flows..  Bitcoin Gulps $1.84B Inflow  Last week was no exception, as crypto investment products registered a net inflow of $2 billion. As a result, the total YTD inflows soared to $5.6 billion, while the total AUM climbed to $156.34 billion.  Meanwhile, Bitcoin reaffirmed its position as the entry point for new crypto investments. The firstborn crypto asset recorded a net inflow of around $1.84 billion last week, boosting Bitcoin’s YTD inflows to $5.57 billion. The premier cryptocurrency boasts an AUM of $136.46 billion.  Ethereum followed Bitcoin closely, with a weekly inflow of $149 million. This marks Ethereum’s second week of inflows. Moreover, its MTD and YTD inflows rose to $36 million and $551 million, respectively. The data also shows that the AUM across Ethereum investment products totaled $9.58 billion.  Other crypto assets, such as XRP, Short Bitcoin, Solana, and Cardano, saw inflows of $10.49 million, $6.4 million, $6.03 million, and $1.16 million, respectively. Multi-asset and Sui saw investments of $1.86 million and $300,000, respectively. 

Regional Flows  Regarding regional flows, the United States saw the most inflows over the past week, as expected, with the country’s weekly inflows hitting $1.92 billion. As a result, the total AUM for U.S.-based crypto investment products spiked to $120.13 billion.  Germany, Switzerland, Canada, Hong Kong, and Australia also saw positive flows of $47.2 million, $34.2 million, $20.1 million, $2.7 million, and $1.9 million, respectively. However, Sweden and Brazil witnessed outflows of around $500,000 and $200,000, respectively. 

Flows by Providers  Meanwhile, the data also highlighted flows by providers over the past week, with BlackRock’s Bitcoin and Ethereum spot ETFs seeing a combined inflow of $2.56 billion in the past seven days.  Meanwhile, Grayscale’s Bitcoin and Ethereum ETFs registered outflows of $58.6 million and $26.2 million, respectively. Ark 21Shares Bitcoin ETF and Fidelity Bitcoin ETF saw the largest outflows in the past week of around $457.6 million and $201.1 million, respectively.