Global crypto funds are again seeing net positive inflows after a record drought, with Bitcoin leading the pack.
On Monday, March 25, CoinShares Head of Research James Butterfill reported that last week, these funds broke their five-week outflow streak—the longest on record, which had led to an exodus of $6.4 billion. Specifically, inflows for last week totaled $644 million, signaling "renewed optimism."
The result is even more impressive considering that these funds recorded net inflows every single day of the week, according to Butterfill. Before this, global crypto funds had seen net outflows for 17 consecutive days.
Bitcoin Led the Influx
Looking at the fund flows by asset, as usual, Bitcoin funds led the pack with net inflows totaling $724 million, even as short Bitcoin funds saw a third consecutive week of outflows with $7.1 million.
Meanwhile, the figures for altcoin investment funds were mixed. Funds based on Ethereum, Sui, Polkadot, Tron, and Algorand saw outflows of $86 million, $1.3 million, $1.3 million, $950,000, and $820,000, respectively.
Conversely, funds based on Solana, Polygon, and Chainlink recorded inflows of $6.4 million, $400,000, and $200,000, respectively.
Bitcoin leading crypto inflowsBitcoin leading crypto inflows
Inflows Per Region
On a regional level, the majority of inflows came from the U.S., with $632 million. On the other hand, Switzerland, Germany, and Hong Kong-based funds recorded inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.
Last week's fund inflows follow signs of cooling inflation, as February 2025 inflation numbers came in less than expected. At the same time, Federal Reserve Chair Jerome Powell downplayed concerns that President Donald Trump's tariffs could send inflation soaring again, asserting that inflation will be "transitory" in his speech following last week's Federal Open Market Committee meeting (FOMC).
Meanwhile, the trend of crypto fund inflows is likely to continue as expectations that Trump will narrow the scope of tariffs slated to take effect on April 2 drive optimism in risk markets.