Digital asset investment products managed by firms such as BlackRock, Fidelity, Grayscale, Bitwise, ProShares and 21Shares saw $785 million in net inflows globally last week, marking the fifth consecutive week of gains, according to CoinShares data.
The latest inflows pushed year-to-date totals to $7.5 billion, surpassing the previous record of $7.2 billion set in early February.
“It also fully recovers the nearly $7 billion of outflows experienced during the February–March price correction,” wrote James Butterfill, head of research at CoinShares, in a report published Monday.
| Asset | Weekly Flows (USD millions) | MTD Flows (USD millions) | YTD Flows (USD millions) | Assets Under Management (USD millions) |
| Bitcoin | 557 | 2,518 | 7,217 | 147,956 |
| Ethereum | 204.9 | 242.3 | 757 | 13,776 |
| Multi-asset | -2.9 | -0.9 | -137 | 6,834 |
| Solana | -0.9 | -3.8 | 75 | 1,585 |
| XRP | 4.9 | 8.6 | 263 | 1,421 |
| Sui | 9.3 | 21.0 | 93 | 332 |
| Litecoin | – | 0.2 | 5 | 225 |
| Cardano | 0.5 | 1.3 | 72 | 124 |
| Short Bitcoin | 5.8 | 8.6 | -16 | 88 |
| Chainlink | 0.2 | 0.2 | -124 | 83 |
| Other | 6.6 | 7.2 | -685 | 462 |
| Total | 785 | 2,803 | 7,522 | 172,886 |
Source: CoinShares
Ethereum ETPs Lead
While bitcoin products continued to attract the largest inflows—$557 million—Ethereum-based funds experienced a notable rebound.
Ethereum products recorded $205 million of inflows last week, bringing the year-to-date total to $575 million.
Butterfill described Ethereum as the “standout performer” of the week, citing renewed investor confidence following the Pectra upgrade and the appointment of Tomasz Stańczak as co-CEO.
However, only $41.8 million of those Ethereum inflows came from U.S.-listed spot ETFs, highlighting mixed sentiment across markets.
Bitcoin Consolidates
Bitcoin traded in a narrow range between $102,000 and $105,000 during the week, while ether slipped by about 3%.
Total assets under management for cryptocurrency investment products stood at $172.9 billion, near record levels.
Despite a strong weekly inflow, Bitcoin products were down from $887 million a week earlier.
Butterfill attributed the slowdown to hawkish signals from the U.S. Federal Reserve. Meanwhile, short-bitcoin products attracted $5.8 million in inflows, marking their fourth consecutive week of gains.
Mixed Inflow Trends by Region
U.S.-based crypto investment products led inflows with $681 million, followed by Germany with $86.3 million and Hong Kong with $24.2 million—the latter its largest weekly inflow since November 2024.
By contrast, Sweden, Canada and Brazil recorded outflows of $16.3 million, $13.5 million and $3.9 million, respectively.
Solana-based funds were the only segment to report net outflows last week, with $0.9 million withdrawn.