Crypto Funds Pull $1.06B Third Week, US Drives 96% of Flows
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- Digital asset investment products recorded $1.06 billion in inflows last week—the third consecutive week of gains—according to a CoinShares report published Monday.
- U.S. investors drove 96% of those flows, with Bitcoin capturing $793 million (roughly 75% of inflows) and pushing the three-week inflow total to $2.2 billion.
- Ethereum attracted $315 million in inflows—partly fueled by new U.S. staking-focused ETF products—pushing its year-to-date flows close to neutral.
- XRP recorded $76 million in outflows for its second consecutive losing week, while Hong Kong logged $23.1 million in inflows (its largest weekly total since August 2025) and Germany saw $17.1 million in outflows, its first weekly withdrawals of the year.
- Since the start of the Iran crisis, total crypto ETP assets under management have climbed 9.4% to $140 billion, per CoinShares, with James Butterfill citing Bitcoin's perceived role as a macro hedge.
- Bitcoin was trading around $73,900, up 3.3% on the day but still roughly 42% below its $126,000 all-time high; short-Bitcoin products also attracted $8.1 million in inflows, signaling divided sentiment.
Why it matters: The $1.06B three-week inflow streak—96% from US investors—confirms spot ETFs have become crypto's dominant institutional gateway, with $140B in ETP AUM now sitting 9.4% above pre-Iran-crisis levels. But with Bitcoin still 42% below its $126K high and XRP bleeding $76M in outflows, the rally is concentrated, not broad.
