Surging Bitcoin, Ethereum ETF Investments Drive Crypto Funds to Best Week Since January

In brief

• Crypto funds attracted $1.1 billion in weekly inflows last week, the highest in three months.
• Bitcoin dominated flows with $871 million while Ethereum reversed recent outflows with $196.5 million.
• Short-Bitcoin hedging products saw their largest inflows since November at $20.2 million.

Crypto investment products surged back to life last week as improving macro conditions triggered a sharp reversal in institutional sentiment, according to data released Monday by asset manager CoinShares.

The $1.1 billion in weekly inflows marked the strongest weekly performance since early January, with tentative ceasefire developments in Iran and softer-than-expected US CPI data restoring investor confidence, according to James Butterfill, head of research at CoinShares.

U.S. investors dominated the return to crypto, accounting for $1.06 billion or 95% of global flows. U.S. spot Bitcoin ETFs captured the bulk of this activity with $833.2 million in weekly inflows, according to Farside Investors data. Trading volumes rose 13% week-over-week to $21 billion, per CoinShares, though this remains well below the year-to-date average of $31 billion, suggesting room for further recovery.

The inflow surge revealed sophisticated institutional positioning as investors simultaneously increased both bullish bets and downside hedges.

While Bitcoin funds globally attracted $871 million and Ethereum saw $196.5 million last week after three weeks of outflows, short-Bitcoin products recorded $20.2 million in inflows—their highest weekly total since November 2024. This dual positioning suggests institutions are adding crypto exposure while maintaining protection against potential volatility.

Last week's performance brought Bitcoin's year-to-date inflows to just under $2 billion, representing 83% of the $2.3 billion in total crypto ETP inflows recorded in 2026 so far. Ethereum remains one of the few assets in negative territory for the year with cumulative outflows of $130 million, despite its recent weekly recovery. The broader inflow surge has lifted total assets under management to levels not seen since early February.