Digital asset products attracted $2 billion in inflows last week, which increased three-week inflows to $5.5 billion and lifted year-to-date inflows to $5.6 billion. Total assets under management climbed to a 10-week high of $156 billion, according to a CoinShares report on Monday.
U.S.-based funds accounted for most of the patronage, some $1.9 billion. Germany, Switzerland, and Canada also contributed modest flows in a signal of “broad supportive sentiment” for cryptocurrencies, Butterfill wrote.
Ethereum-based investment products recorded positive flows for the second week in a row and brought in $149 million between April 27 and May 2. Funds underpinned by ether now boast $336 million in inflows since late last month. XRP and tezos notched the most notable influx after ETH, with $10.5 million and $8.2 million each, while Solana products shed $6 million. Elsewhere, blockchain equities saw $15.9 million in net inflows from investors.
Same old, same old for bitcoin
Meanwhile, bitcoin continued its spot crypto product dominance from last week. “As usual, Bitcoin was the prime beneficiary, seeing $1.84 billion inflows,” per CoinShares’ Head of Research.
Once again, funds located within the U.S. led the pack last week and noted $1.8 billion in net inflows. This extended bullish flows into spot BTC ETFs issued by the likes of BlackRock and Fidelity to a third consecutive week. Bitcoin traded down 1.5% before the U.S. market opened, changing hands around $94,051 according to The Block’s price page.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
