Cryptocurrency investment products posted their strongest weekly inflows since January, with $1.4 billion in new funds, as Bitcoin broke out of a two-month trading range fueled by optimism over a ceasefire and cooling inflation data.
Digital asset funds recorded positive inflows for the third consecutive week, with total assets under management reaching $155 billion. The report by CoinShares was released on Monday. This week’s inflows accounted for 0.91% of total assets under management, the highest level so far this year.
Bitcoin led all Bitcoin-related products with $1.12 billion in inflows, bringing year-to-date inflows to $3.1 billion. These inflows coincided with Bitcoin breaking out of a two-month range, reaching $77,900—the highest level since early February.CoinGecko data
Ethereum investment products attracted $328 million in inflows, marking the highest weekly inflow since January and bringing year-to-date inflows to $197 million. However, XRP and Solana recorded outflows of $56 million and $2.3 million, respectively.
CoinShares analysts noted that regionally, the United States dominated with $1.5 billion in inflows, while Germany saw $28 million inflow. However, Switzerland was a notable exception, recording $138 million in outflows—the largest outflow from Switzerland since November 2025—contrasting sharply with overall risk appetite sentiment.
ETF has a bountiful week
Last week, net inflows into U.S. spot Bitcoin ETFs approached $1 billion. SoSoValue data showed that on Friday alone, net inflows reached $663.9 million, the highest single-day inflow since mid-January.
Nexo analyst Dessislava Ianeva said: “As more wealth management platforms enable Bitcoin ETF trading—Morgan Stanley being the latest, with Goldman Sachs filing its application a week later—these instruments will capture an increasing share of the available Bitcoin supply.” Decrypt “This demand can persist without macroeconomic catalysts; it is already embedded in the distribution infrastructure being built by Wall Street.”
Ia Neva noted that the range of capital inflows is no longer limited to Bitcoin ETFs, which is noteworthy. Over 12 trading days in April, Bitcoin and Ethereum ETFs attracted capital inflows in a roughly 4-to-1 ratio: $1.6 billion and $385 million respectively—a pattern that has historically signaled broader market participation.
What factors are driving the inflow of funds?
The rise in Bitcoin prices and subsequent capital flows reflect a sustained recovery in risk appetite, primarily driven by the extension of ceasefire negotiations between the U.S. and Iran, improved liquidity, and better-than-expected inflation data for March. Decrypt previously reported.
Ianeva noted that after the halving, miners produce approximately 450 bitcoins per day, while the daily net demand from ETFs is several times this amount. “As more wealth management platforms enable trading of Bitcoin ETFs, an increasing portion of available supply will be absorbed by these instruments, supporting the price.”
Despite the rebound, experts maintain that skeptical investors are emphasizing the importance of geopolitical and macroeconomic policy news, which can easily sway market risk appetite. Additionally, portfolio rebalancing by investors during the U.S. tax season in April may also prolong Bitcoin’s sideways movement.