The cryptocurrency market experienced a significant boost last week, fueled by record-breaking inflows into exchange-traded products (ETPs) and a historic price surge in Bitcoin. According to data from CoinShares, global crypto investment products saw $3.7 billion in inflows, pushing the year-to-date total to $22.7 billion—up from $19 billion just a week prior.
Total assets under management (AUM) in crypto funds reached an all-time high of $211 billion, highlighting growing investor confidence and interest in digital assets.
Bitcoin ETPs Drive Majority of Inflows
Bitcoin led the charge, both in price and investor demand. The cryptocurrency surged past $112,000 and reached a new all-time high of $118,000. As a result, Bitcoin ETPs attracted a staggering $2.7 billion in inflows last week alone—representing 73% of the total. Daily Bitcoin ETF inflows even topped $1 billion, underscoring strong market momentum.
Bitcoin ETPs now hold $179.5 billion in assets under management, which is equivalent to 54% of the total assets held in gold ETPs. This comparison highlights Bitcoin’s growing status as a store of value and a serious competitor to traditional safe-haven assets.
Ethereum and Solana See Continued Growth, While XRP Faces Outflows
Ethereum also had a strong showing, with ETPs marking their twelfth consecutive week of inflows, totaling $990 million. Solana followed with $92.6 million in new investments, further cementing its position as a rising alternative among altcoins.
On the other hand, XRP investment products experienced $104 million in outflows, indicating declining investor sentiment for the token over the past week.
In the U.S. market, BlackRock’s iShares Bitcoin ETF led with $2.4 billion in weekly inflows. Fidelity and ARK Invest also saw substantial interest, bringing in $400 million and $339 million, respectively.
These record inflows and rising prices suggest growing institutional confidence in cryptocurrencies as part of a diversified investment strategy. With Bitcoin reaching new highs and Ethereum and Solana continuing to attract steady capital, the crypto investment landscape is evolving rapidly.
