Cryptocurrency investment products saw $1.1 billion in inflows last week, the strongest weekly gain since January, according to data from CoinShares. Bitcoin products attracted the majority with $871 million, while Ether saw a rebound with $196.5 million after three weeks of outflows. Analysts attributed the surge to a rebound in investor risk appetite following geopolitical developments and supportive U.S. economic data.
Cryptocurrency exchange-traded products recorded $1.1 billion in inflows last week. This marked the second-biggest weekly gain of 2026, according to a weekly report.
Bitcoin ETPs led the gains with $871 million in inflows. The weekly total was only surpassed by the $2.17 billion recorded in mid-January.
CoinShares head of research James Butterfill attributed the spike to a rebound in investor risk appetite. He cited tentative ceasefire developments in Iran and softer-than-expected U.S. inflation and spending data.
“The inflows came amid volatility in spot markets, with BTC reclaiming $70,000 and briefly topping $73,000 last week, even as broader market sentiment remained negative, underscoring sustained institutional demand and resilience in regulated investment products.”
Ether ETPs saw around $196.5 million in inflows, ending a three-week outflow streak. Despite this, Ether remains in a net outflow position year-to-date, at $130 million.
Bitcoin accounts for roughly 83% of the $2.3 billion in total crypto ETP inflows this year. Its year-to-date inflows stand at $1.9 billion, according to the data.
Short-Bitcoin products also saw activity, with $20 million in weekly inflows. This was their largest weekly inflow since November 2024.
XRP ETPs posted inflows of around $19 million last week. Solana products saw minor outflows of $2.5 million.
Regionally, the United States dominated with $1 billion in inflows, accounting for 95% of the weekly total. The majority of Bitcoin inflows were driven by U.S. spot BTC exchange-traded funds, which posted $786.3 million in inflows according to SoSoValue data.
Germany recorded inflows of $34.6 million. Canada and Switzerland saw more modest inflows of $7.8 million and $6.9 million, respectively.
