The crypto investment landscape is heating up as we move further into 2026. Last week, crypto exchange-traded products (ETPs) saw a massive wave of capital, pulling in $2.17 billion. This marks the strongest weekly performance of the year so far and the highest level of investor interest since last October. According to the latest data from CoinShares, the market is showing remarkable resilience despite a complex macroeconomic and geopolitical backdrop.
While the week started with aggressive buying, the momentum cooled slightly by Friday. A shift in sentiment led to $378 million in outflows toward the end of the week, spurred by escalating geopolitical tensions in Greenland and renewed concerns over international tariffs. Additionally, rumors that Kevin Hassett—a favorite for the Fed Chair position known for his “dovish” or investor-friendly stance—might not take the role added a layer of caution to the market.
Bitcoin Dominates Market Share While Altcoins Show Resilience
Bitcoin remains the undisputed king of institutional interest. Of the $2.17 billion that flowed into crypto funds last week, Bitcoin accounted for $1.55 billion, or roughly 71% of the total. This surge helped push the total assets under management (AUM) for crypto funds above $193 billion, a milestone not seen since early November.
Ethereum also posted impressive numbers, with $496 million in inflows. To put that in perspective, Ethereum’s performance last week alone exceeded the total inflows of the entire crypto market from the week prior. Solana and XRP followed suit, bringing in $46 million and $70 million respectively. Smaller assets like Sui and Hedera also stayed in the green, proving that investors are looking beyond just the “Big Two.”
Interestingly, these inflows remained steady even as the US Senate Banking Committee discussed the CLARITY Act. This proposed legislation aims to restrict stablecoin yield offerings, a move that many feared would dampen enthusiasm for decentralized finance (DeFi) ecosystems like Ethereum and Solana. So far, however, institutional appetite seems to be outweighing regulatory jitters.
BlackRock and US Markets Lead the Institutional Charge
When looking at who is driving this growth, the United States remains the primary engine. US-based products accounted for $2 billion of the weekly total, while markets in Sweden and Brazil saw minor outflows. This geographical concentration highlights the massive impact of the US spot ETFs on the global crypto ecosystem.
Among the major issuers, BlackRock’s iShares ETFs continue to dominate the field, capturing $1.3 billion in new capital last week. Fidelity and Grayscale also saw healthy gains, bringing in $229 million and $257 million, respectively. This trend suggests that institutional investors are increasingly comfortable using established financial “wrappers” like ETPs and ETFs to gain exposure to digital assets.
Not every category stayed in the green, however. “Short Bitcoin” products and multi-asset funds were the outliers, recording monthly outflows of $8.6 million and $32 million. This suggests that fewer traders are betting against Bitcoin’s price right now, reflecting a generally bullish outlook for the mid-term despite the late-week volatility.
