Crypto investment products continued to gather significant momentum last week, experiencing inflows that surpassed every other week in 2026 thus far and marking the largest gains since October.
Crypto exchange-traded products (ETPs) attracted a substantial $2.17 billion in inflows last week, as reported by European crypto asset manager CoinShares on Monday.
The majority of these inflows occurred earlier in the week. However, sentiment shifted on Friday, resulting in $378 million in outflows. This shift was attributed to escalating geopolitical tensions in Greenland and renewed concerns over tariffs, according to James Butterfill, CoinShares’ head of research.
Butterfill also noted that sentiment was further impacted by indications that Kevin Hassett, a prominent candidate for the next US Federal Reserve Chair and a recognized policy dove, was likely to remain in his current role.
Bitcoin Leads Gains with $1.6 Billion of Inflows
The majority of last week’s gains in crypto funds were concentrated in Bitcoin (BTC), which successfully attracted $1.55 billion in inflows, representing over 71% of the total weekly inflow.
Ether (ETH) funds also saw considerable interest, drawing $496 million in inflows. This figure alone exceeded the total inflows into all crypto products combined from the previous week.
Following Bitcoin and Ether, XRP and Solana (SOL) funds garnered approximately $70 million and $46 million in inflows, respectively. Smaller altcoins, including Sui (SUI) and Hedera (HBAR), recorded inflows of $5.7 million and $2.6 million.
CoinShares’ Butterfill highlighted that inflows for Ether and Solana remained strong despite the CLARITY Act proposals introduced in the US Senate Banking Committee. These proposals could potentially restrict yield offerings for stablecoins.
Multi-asset and short Bitcoin investment products were the only categories to experience monthly outflows by Friday, totaling $32 million and $8.6 million, respectively.
All major issuers reported notable gains last week. BlackRock’s iShares exchange-traded funds (ETFs) led the pack with $1.3 billion in inflows. Grayscale Investments and Fidelity Investments followed, securing $257 million and $229 million, respectively.
Geographically, the United States was the primary driver of inflows, contributing $2 billion. In contrast, Sweden and Brazil experienced minor outflows amounting to $4.3 million and $1 million, respectively.
With the recent influx of investments, the total assets under management in crypto funds have now surpassed $193 billion, reaching a level not seen since early November.