Global crypto funds add further $1.9 billion in weekly inflows despite geopolitical tensions: CoinShares

Global crypto funds add further $1.9 billion in weekly inflows despite geopolitical tensions: CoinShares

Crypto investment products run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded another $1.9 billion worth of net inflows globally last week, according to CoinShares data."Despite geopolitical concerns weighing on risk assets last week, digital assets remained resilient, attracting inflows alongside gold," CoinShares Head of Research James Butterfill wrote in a Monday report.It marks the ninth consecutive week of net inflows for the global crypto funds totaling $12.9 billion, with year-to-date inflows reaching a new record $13.2 billion, Butterfill noted, and $179 billion in combined assets now under management.Weekly crypto asset flows. Images: CoinShares.Bitcoin funds recover while Ethereum products continue record runBitcoin investment products posted a strong recovery, adding $1.3 billion last week after two consecutive weeks of minor outflows, with $156.7 billion in AUM. U.S. spot Bitcoin exchange-traded funds accounted for the majority of that figure, attracting $1.37 billion last week, according to data compiled by The Block, offset slightly by outflows in other countries. Short Bitcoin products also registered minor net inflows of $3.7 million.Ethereum-based funds also maintained their positive momentum, generating another $585 million in net inflows last week to extend their best run since February to $2 billion — around 14% of their total $14.9 billion AUM. This included $528.2 million in net inflows from the U.S. spot Ethereum ETFs alone. However, they ended their record 19-day streak of inflows on Friday as $2.1 million exited the funds.Meanwhile, XRP investment products saw their first net inflows in three weeks, adding $11.8 million, and Sui-based funds also attracted $3.5 million worth of inflows.The U.S. led regionally amid largely positive investor sentiment, Butterfill said, with $1.9 billion in inflows, followed by funds in Switzerland, Germany, and Canada, which added $20.7 million, $39.2 million, and $12.1 million, respectively. However, crypto investment products in Hong Kong and Brazil slumped to net outflows of $56.8 million and $8.5 million for the week.Resilience despite geopolitical riskBitcoin is trading up 1.3% over the past week at $107,186, according to The Block's BTC price page, while Ethereum is up 5.4% during the same period to trade at $2,628. "The market's resilience despite geopolitical risk is encouraging, especially with retail and algorithmic momentum traders stepping back in," BRN Lead Research Analyst Valentin Fournier told The Block. "That said, the lack of rate cut visibility, slower central bank accumulation, and ETH's fading institutional momentum suggest choppiness on the road back to all-time highs."Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 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.

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