CoinShares’ recent weekly report reveals that major asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares have facilitated a net inflow of $3.4 billion into global cryptocurrency investment products over the past week. This substantial amount marks the largest weekly inflow since mid-December 2024. Consequently, this influx ranks as the third-highest weekly inflow in history. CoinShares Research Director James Butterfill noted that increasing customs tariffs and a weakening U.S. dollar have significantly influenced the rise in institutional investments.
Strong Recovery of Bitcoin Investment Products
Bitcoin 
$94,741 approached the $95,000 mark with an 8.1% increase last week, while the GMCI 30 index, tracking the top 30 cryptocurrencies, gained 8.7%. This surge in Bitcoin investment products elevated the total asset value under management to $132 billion, a level not seen since late February. 
Cryptocurrency-Based Investment Products Bitcoin investment products accounted for the majority of the recent inflows, attracting $3.2 billion globally. Following a brief dominance by XRP-based investment products, Bitcoin regained its leading position. U.S.-listed spot Bitcoin ETFs alone constituted over $3 billion of the weekly net inflows. This figure represents the highest amount in the last five months and the second-largest weekly fund inflow historically. Notably, positive flows were reported every day of the week for spot ETFs.
Positive Scenario for Ethereum and Other Altcoin Investment Products
The largest altcoin, Ethereum 
$1,806, ended its eight-week consecutive outflow streak, attracting a net inflow of $183 million. The addition of $157.1 million to U.S.-based spot Ethereum ETFs acted as a driving force for this recovery, achieving positive weekly flows for the first time since February. XRP-based investment products stood out with an inflow of $31.6 million, while Sui-based products saw $20.7 million invested. Conversely, Solana 
$151-based investment products faced challenges, concluding the week with a net outflow of $5.7 million. Interest in Bitcoin mining-related ETFs also reached notable levels, with blockchain-focused stocks attracting a total inflow of $17.4 million. This activity reflects a growing confidence in mining companies. The U.S. market led with a weekly net inflow of $3.3 billion, surpassing other regions. However, positive sentiment extended beyond the U.S., with Germany recording $51.5 million and Switzerland $41.4 million in inflows. More modest inflows were reported from markets like Australia, Sweden, and Hong Kong. The rising interest in cryptocurrency-based investment products signals that investors are seeking flexible and alternative solutions to macroeconomic risks. Concerns stemming from customs tariffs and the depreciation of the U.S. dollar have reinforced the perception of cryptocurrencies as a “new safe haven.”