LATEST: Crypto Funds See Record Inflows, Surpassing $13.8 Billion Year-to-Date

Crypto funds at major asset managers like BlackRock, Bitwise, and Fidelity attracted another $646 million in inflows globally last week, following a record $13.8 billion year-to-date. This surge, surpassing 2021’s total, signals a strong rebound after a brief outflow period in late March. However, CoinShares notes a moderation in ETF investor appetite, with weekly flow levels declining compared to early March’s peak.

Bitcoin investment products continue to dominate, adding $663 million last week, while short-bitcoin funds saw their third consecutive week of outflows, indicating bearish sentiment. U.S. spot Bitcoin ETFs lead the way, capturing $484.5 million of net inflows. Despite Bitcoin’s 4% weekly gain, Ether-based funds experienced outflows for the fourth consecutive week, losing $22.5 million.

Regionally, sentiment remains mixed, with U.S.-based funds attracting $648 million in inflows, while Switzerland and Canada registered outflows of $27 million and $7.3 million, respectively. Litecoin, Solana, and Filecoin investment products also saw notable inflows, reflecting ongoing investor interest in alternative digital assets.


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