Bitcoin and Ethereum Lead as Crypto Funds Mark 12th Week of Inflows

Led by Bitcoin and Ethereum, digital asset investment products marked the twelfth straight week of positive sentiment, according to CoinShares. 

The investment products recorded inflows totaling $1.04 billion last week only. This figure brings the month-to-date total to $947 million. 

Investors continued to show strong interest in single-asset crypto products, particularly Bitcoin and Ethereum, with both assets accounting for the majority of the weekly inflows. Specifically, Bitcoin led with $790 million, while Ethereum followed with $226.4 million. 

Bitcoin and Ethereum Attract Majority of Capital

CoinShares data indicates that Bitcoin investment products’ flows pushed year-to-date inflows to $15.7 billion. Ethereum also saw a notable surge in investor interest, registering $226.4 million in weekly inflows, raising its year-to-date figure to $3.1 billion. Importantly, Ethereum’s average weekly inflows over the past eleven weeks have reached 1.6% of total assets under management, double Bitcoin’s 0.8% over the same period.

Meanwhile, investor appetite extended beyond the two largest digital assets. Solana recorded $21.6 million in inflows, XRP brought in $10.6 million, and Sui posted $1.6 million. Despite smaller volumes, these inflows indicate continued interest in alternative assets within the sector.

However, multi-asset products experienced net outflows of $12.4 million during the week, and $10.7 million month-to-date, suggesting a shift away from diversified funds toward targeted asset exposure.

Fund Providers Reflect Shifting Preferences

Here, Blackrock’s iShares ETFs expectedly topped the list, drawing $436 million in new capital and boosting year-to-date inflows to $17.5 billion. The funds now manage $81.4 billion in total assets. Fidelity’s Wise Origin Bitcoin Fund followed, securing $248 million during the week and nearly $500 million in year-to-date flows.

ARK 21Shares and ProShares ETFs also saw sizable inflows of $160 million and $112 million respectively. Bitwise Funds Trust received $65 million in weekly inflows, showing growing interest in smaller fund options.

In contrast, some issuers faced net redemptions. Grayscale Investments reported $46 million in weekly outflows and $1.698 billion year-to-date, though it maintains $30.8 billion in AUM. CoinShares XBT Provider registered outflows $7 million month-to-date, pushing its year-to-date total outflows to $288 million.

U.S. Leads by Region as Canada and Brazil Lag

Regionally, the United States led inflows, contributing over $1 billion of the total weekly figure. Germany followed with $38.5 million, while Switzerland added $33.7 million. These markets continued to account for the majority of new investments in digital asset products.

Meanwhile, Canada and Brazil showed contrasting sentiment. Canada posted $29.3 million in outflows, and Brazil followed with $9.7 million in redemptions.