Crypto Investment Products See Full Recovery With $785M Weekly Inflows
Digital asset investment products pulled in $785 million in inflows last week, lifting year-to-date totals to $7.5 billion and fully reversing the nearly $7 billion in outflows seen during February and March’s market correction, according to CoinShares’ latest report.
The rebound was led by strong U.S. participation, with American investors accounting for $681 million of the total. Germany followed with $86.3 million, while Hong Kong saw its largest weekly inflow since November 2024, adding $24.2 million.
Bitcoin (BTC) products dominated once again, attracting $557 million in inflows — a slight drop from the prior week. The continued strength comes even as the U.S. Federal Reserve maintains a hawkish tone, which may be cooling investor enthusiasm.
Spot bitcoin ETFs listed in the U.S. have clearly recovered from earlier turbulence. After suffering $3.56 billion in outflows in February and $767 million in March, these funds saw nearly $3 billion in inflows in April. So far in May, they’ve added another $2.64 billion, per data from SoSoValue.
Interestingly, short bitcoin products logged a fourth straight week of inflows, signaling that some investors remain cautious and are hedging against potential downside.
Among altcoins, ether (ETH) investment products stood out with $205 million in inflows — the most since March. The surge is likely tied to renewed confidence following the successful Pectra network upgrade.
Solana (SOL) was the lone top-tier crypto asset to see net outflows, shedding just under $1 million over the week.
