According to data from CoinShares, crypto investment products managed by firms like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares attracted an additional $1.9 billion in net inflows worldwide last week.
“Although geopolitical tensions pressured risk assets last week, digital assets held strong and continued to draw inflows alongside gold,” wrote James Butterfill, Head of Research at CoinShares, in a report published Monday.
Butterfill noted that Global crypto funds have now recorded nine straight weeks of net inflows, totaling $12.9 billion. Year-to-date inflows have reached a record high of $13.2 billion, with combined assets under management standing at $179 billion.
Bitcoin Funds Rebound as Ethereum Products Extend Record-Breaking Streak
Bitcoin investment products experienced a strong rebound last week, gaining $1.3 billion after two weeks of modest outflows, bringing total assets under management to $156.7 billion. U.S. spot Bitcoin exchange-traded funds contributed the bulk of that amount, attracting $1.37 billion, according to data compiled by The Block, with slight outflows in other regions providing a minor offset. Short Bitcoin products also saw modest net inflows of $3.7 million.
Ethereum-based funds continued their upward trend, pulling in an additional $585 million in net inflows last week, bringing their total to $2 billion since February—roughly 14% of their $14.9 billion in assets under management. U.S. spot Ethereum ETFs contributed $528.2 million to that figure. However, the funds saw their 19-day inflow streak end on Friday, with $2.1 million withdrawn.
Meanwhile, XRP-focused investment products recorded their first net inflows in three weeks, bringing in $11.8 million. Sui-based funds also drew investor interest, receiving $3.5 million in new capital.
Butterfill noted that the U.S. led all regions last week, reflecting generally positive investor sentiment, with $1.9 billion in net inflows. Switzerland, Germany, and Canada followed, recording $20.7 million, $39.2 million, and $12.1 million in inflows, respectively. In contrast, Hong Kong and Brazil experienced declines, with crypto investment products seeing net outflows of $56.8 million and $8.5 million for the week.
Crypto Market Shows Strength Amid Geopolitical Uncertainty
According to The Block’s BTC price page, Bitcoin has risen 1.3% over the past week, currently trading at $107,186. Ethereum has also gained 5.4% during the same timeframe, reaching a trading price of $2,628.
“The market’s strength in the face of geopolitical uncertainty is a positive sign, particularly as retail investors and algorithmic momentum traders begin reentering,” BRN Lead Research Analyst Valentin Fournier told The Block. “However, with limited clarity on potential rate cuts, reduced central bank accumulation, and waning institutional interest in ETH, the path to reclaiming all-time highs may remain uneven.”
