Crypto investment products recorded their first weekly inflows since January, breaking a five-week outflow streak that saw nearly $4 billion exit the market. According to CoinShares, crypto exchange-traded products (ETPs) attracted $1 billion in fresh capital last week, signaling a notable shift in investor sentiment after weeks of sustained pressure.
Bitcoin funds led the rebound, drawing $882 million in inflows. A significant portion of that came from US spot Bitcoin ETFs, which accounted for $787 million and ended their own five-week run of outflows totaling more than $3.8 billion. Analysts suggest the turnaround may be linked to recent price weakness, technical breakdowns that reset positioning, and renewed accumulation by large holders seeking strategic entry points.
Ethereum products also posted strong gains, bringing in $117 million, their best weekly performance since January. Solana followed with $54 million in inflows, while smaller allocations went to Chainlink and XRP, which attracted $3.4 million and $2 million respectively. Despite the positive momentum, year-to-date flows for Bitcoin and Ether ETPs remain negative, with net outflows of $408 million and $430 million.
Regionally, the United States dominated activity with $957 million in inflows. Canada, Germany and Switzerland also recorded modest gains. However, total assets under management across crypto ETPs declined slightly to $127.7 billion, reflecting recent market volatility despite renewed investor demand.
Nikolas Sargeant