Last week, digital asset investment products saw a significant increase in inflows, reaching $3.3 billion. This marked the sixth consecutive week of gains, with total inflows over the past six weeks totaling $10.5 billion and year-to-date flows hitting a record $10.8 billion, according to CoinShares’ latest data.
James Butterfill, CoinShares’ head of research, attributed the surge in investor demand to growing concerns over the US economy, driven by the Moody’s downgrade and the spike in treasury yields. This has prompted investors to seek diversification through digital assets, pushing total assets under management in crypto exchange-traded products (ETPs) to a record $187.5 billion.
Bitcoin and Ethereum Lead the Way
The report from CoinShares highlighted that Bitcoin-backed products dominated market flows, attracting $2.9 billion in inflows last week alone. This accounted for a quarter of all inflows in 2025 so far, bringing Bitcoin’s year-to-date total to $10.1 billion, with Bitcoin ETPs managing close to $160 billion in assets.
On the other hand, Ethereum products also showed strong momentum, with $326 million in weekly inflows. This marks ETH’s fifth consecutive week of gains, fueled by optimism surrounding the Pectra upgrade that went live earlier in the month, leading to net inflows of around $568 million in Ethereum-related investment funds.
XRP Faces Record Outflows
While Bitcoin and Ethereum ETPs experienced significant gains, XRP investment products saw historic losses, with $37.2 million in outflows last week, the largest on record. This ended an 80-week streak of inflows, despite growing institutional participation due to the launch of XRP futures contracts on CME Group’s platform.
Additionally, most altcoins saw modest activity, with Solana products attracting $4.3 million in inflows and Sui products recording $2.3 million, despite a DeFi exploit on its network.
