Crypto investment products experienced a significant resurgence last week, seeing an impressive $1.1 billion in inflows, marking the highest weekly performance in three months, according to data from asset manager CoinShares. This rebound is attributed to favorable macroeconomic conditions, including positive developments in U.S.-Iran relations and lower-than-expected consumer price index (CPI) data, which collectively restored institutional investor confidence.
Bitcoin, being the standout performer, accounted for $871 million of last week’s inflows, while Ethereum reversed a trend of outflows with $196.5 million. Notably, products designed to hedge against Bitcoin price declines also attracted attention, with $20.2 million in inflows—the largest since November 2024. This dual interest indicates a sophisticated approach by institutional investors, who seem to be balancing their bullish positions on Bitcoin while still preparing for potential market volatility.
The overwhelming majority of these inflows came from the United States, with U.S. investors contributing $1.06 billion, or about 95% of the global total. Spot Bitcoin exchange-traded funds (ETFs) were the primary vehicles for these investments, capturing $833.2 million within the week. Despite a week-over-week increase in trading volumes by 13%, rising to $21 billion, the overall figures remain lower than the year-to-date average of $31 billion, suggesting potential for further growth.
Amid this positive momentum, Bitcoin’s year-to-date inflows have reached nearly $2 billion—representing 83% of the total $2.3 billion in crypto exchange-traded product (ETP) inflows observed in 2026. In contrast, Ethereum continues to face challenges, reporting cumulative outflows of $130 million for the year, despite its recent recovery.
Interestingly, XRP funds saw a significant decline from previous weeks; they had led inflows the prior week with nearly $120 million but fell to just $19.3 million last week. This decline came after five consecutive weeks of outflows amounting to $4 billion, which had dampened market sentiment through the end of March.
The timing of this resurgence coincides with the launch of Morgan Stanley’s Bitcoin ETF, which attracted nearly $62 million in investments in its first week, following its launch on Wednesday. The firm has also plans to file for Ethereum and Solana ETFs, indicating a broader interest in diversifying crypto offerings. Morgan Stanley’s Amy Oldenburg elaborated on future initiatives, including tokenized money market funds and tax-harvesting services for clients.
As total assets under management in the crypto space recover to levels not seen since early February, last week’s performance reflects a pivotal shift in institutional sentiment, signaling increased interest and investment in cryptocurrency amid improving economic signals.
