Bitcoin-focused exchange traded products (ETPs) attracted $619 million in net inflows last week, marking the second consecutive week of investor demand, according to CoinShares. The surge occurred despite heightened geopolitical tensions in the Middle East and rising oil prices, which pressured global markets. Most of the inflows originated in the United States, totaling $646 million, while funds in Europe, Asia, and Canada experienced minor withdrawals.
Regional and Asset Breakdown
Bitcoin based funds dominated investor allocations, drawing $521 million during the week. Ethereum-linked products added $88.5 million, and Solana funds received $14.6 million. Short-bitcoin products also recorded $11.4 million in inflows, suggesting some hedging activity amid volatility. XRP-based funds were the only significant outflow, with $30.3 million withdrawn. U.S. spot ETFs mirrored this trend, with $568 million entering bitcoin ETFs, compared with smaller inflows for Ethereum and Solana.
Market Implications
The persistence of inflows indicates sustained institutional appetite for crypto, even as geopolitical risk and oil market uncertainty influence broader markets. Bitcoin traded just above $67,000, up roughly 3% over the week, signaling that investors continue to view temporary pullbacks as buying opportunities. The data underscores the U.S. as the primary driver of institutional crypto exposure during periods of global uncertainty.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.