Crypto investment products saw a significant inflow of $224 million last week, according to a report from asset manager CoinShares. The surge was notable, particularly for XRP, which led the pack with $119.6 million—marking its most substantial performance since mid-December.
Switzerland emerged as the dominant player in global inflows, contributing $157.5 million, while the U.S. market, typically strong in this sector, recorded a mere $27.5 million in new investments. This shift points to a remarkable geographic change in institutional crypto investment, as highlighted by CoinShares Research Analyst James Butterfill.
XRP’s impressive inflows have brought its year-to-date total to $159 million, corresponding to 7% of the total assets under management. In contrast, major cryptocurrencies exhibited mixed results. Bitcoin managed to attract $107.3 million, despite having faced net outflows of $145 million at the beginning of April. On the other hand, Ethereum continued to struggle with significant outflows of $52.8 million last week, amid ongoing regulatory uncertainties.
However, Solana defied the overall trend by garnering $34.9 million in inflows, contributing to a year-to-date performance of 10% of assets under management. Additionally, short-Bitcoin products gained traction, attracting $16 million—the most substantial inflows seen since mid-November of the previous year. The report noted that some late-week outflows could be tied to stronger-than-expected retail sales data, alongside shifting investor expectations.
This geographic shift appears to correlate with diverging regulatory frameworks in different jurisdictions. The Digital Asset Market Clarity Act, which aims to establish a crypto market structure, passed the House in mid-2025 but has since stalled in the Senate due to disagreements over stablecoin provisions. Meanwhile, the U.S. launched spot XRP ETFs in late 2025, which offered institutional investors a regulated means of accessing the asset.
Interestingly, the timing of XRP’s surge, coupled with the European dominance in investment inflows, suggests that investors might be adjusting their strategies in light of relative regional regulatory clarity. Bitcoin ETFs also seem to be enjoying a resurgence, with a notable addition of $471.3 million in investments reported on Monday—the largest single-day influx for these funds since February, according to data from SoSoValue.
