The rapid recovery in financial products tied to cryptocurrency investments continues to gather pace. A more optimistic global outlook, alongside a surge in Bitcoin prices, helped boost risk appetite among investors last week. According to data released by CoinShares, cryptocurrency exchange-traded products (ETPs) attracted a net inflow totaling $1.4 billion over a seven-day period. This figure not only surpasses the $1.1 billion recorded the previous week but also marks the second largest weekly inflow since January.
Strong demand hits Bitcoin and Ethereum products
Data shows that interest in Bitcoin investment vehicles reached unprecedented highs. Over the past week, investment products focused on Bitcoin saw $1.12 billion in inflows. The bulk of this surge was driven by spot Bitcoin ETFs in the United States, which alone accounted for nearly $1 billion in weekly inflows. Since the start of the year, Bitcoin-related products have recorded a total influx exceeding $3 billion.
Ethereum also attracted significant capital, recording $328 million in inflows over the last week. This amount represents the highest weekly inflow for Ethereum-based products since January, signaling renewed attention from investors. Year-to-date net inflows into Ethereum products have now risen to $197 million.
Altcoin trends diverge
The picture was mixed for other digital assets outside Bitcoin and Ethereum. Major altcoins by market capitalization, such as XRP and Solana, each ended the week with net outflows. XRP-based investment products saw a notable $56 million withdrawn, while Solana saw a modest $2.3 million exit. Analysts point to a clear shift in investor focus toward Bitcoin and Ethereum as the driving force behind these outflows.
US dominates regional flows
A regional breakdown reveals the United States leading the way in crypto investment product inflows. US-based products attracted $1.5 billion during the week. Germany followed in second place with $28 million, while Switzerland stood out with $138 million in outflows. Since the beginning of the year, global inflows into crypto investment products have reached a total of $3.8 billion.
CoinShares highlighted that inflows have increased for three consecutive weeks, with recent volume totaling $2.7 billion, suggesting continued momentum. Industry experts say that the improving geopolitical climate, coupled with Bitcoin’s price rally, has lured many investors back into the crypto market.
Last week, Bitcoin surged toward $78,000 by Friday, marking a strong upswing. Analysts believe this move sparked further interest in risk assets and strengthened bullish expectations across crypto markets.
The rebound in Ethereum investment products pushed its year-to-date net inflow back into positive territory. Experts note that ETH’s robust performance in recent weeks has helped restore investor confidence.
That said, not all digital assets benefited equally. The significant outflow from XRP in particular underlines how attention has centered on Bitcoin- and Ethereum-focused vehicles.
“Spot Bitcoin ETFs in the US attracted nearly $1 billion last week, bolstering the global rise in crypto markets,” CoinShares commented in its latest update.
Market analysts emphasize that even as Bitcoin and Ethereum outperform, many secondary altcoins are losing momentum in investor preference. This shift is seen as a flight to perceived safety and higher market liquidity.
Looking forward, how long this rotation into major cryptos will persist remains uncertain. Experts warn that investor sentiment could quickly reverse if market conditions or regulatory climates change.
Still, the current wave of capital pouring into Bitcoin and Ethereum products is being closely watched as a bellwether for broader market confidence in digital assets. Continued positive trends could set the stage for another record-breaking quarter in cryptocurrency investment flows.
