Cryptocurrency investment products attracted $572 million in inflows last week, rebounding after the prior week saw the end of a record-breaking 15-week inflow streak totaling $27.8 billion.
The data, published by European crypto asset manager CoinShares on Monday, shows that global crypto exchange-traded products (ETPs) benefited from a market recovery that pushed both Bitcoin and Ether prices higher.
Ether crossed the $4,000 mark for the first time since December 2024, while Bitcoin climbed back above $120,000.
Year-to-Date Flows Hit All-Time High
With last week’s inflows, total year-to-date (YTD) investment into crypto ETPs reached a record $30.7 billion.
Assets under management (AUM) also hit a historic peak of $226 billion.
These figures reflect renewed investor optimism following a volatile start to August.
401(k) Policy Shift Boosts Sentiment
James Butterfill, CoinShares’ head of research, attributed much of the week’s late inflows to a major policy announcement in the United States.
“In the latter half of the week, however, we saw $1.57 billion of inflows, likely spurred by the government’s announcement permitting digital assets in 401(k) retirement plans,” Butterfill said.
Earlier in the week, however, the market saw $1 billion in outflows, which he linked to concerns about slowing economic growth after weak U.S. payroll data.
Ether ETPs Lead the Market
Ether-based ETPs continued to outperform, bringing in nearly $270 million in inflows last week.
“This pushed year-to-date inflows to a new record of $8.2 billion, while recent price gains have driven total assets under management to an all-time high of $32.6 billion, up 82% so far this year,” Butterfill said.
The surge follows strong July performance, during which ETH-based products also led the market.
Bitcoin ETPs Recover After Outflows
Bitcoin ETPs saw $265 million in inflows, ending a two-week streak of outflows.
This recovery suggests that investors are regaining confidence in BTC’s near-term trajectory, particularly as institutional adoption deepens.
Altcoins Attract Investor Interest
ETPs tracking Solana (SOL), XRP, and Near Protocol (NEAR) also saw meaningful inflows.
Solana products brought in $21.6 million, XRP attracted $18.4 million, and NEAR saw $10.1 million in new investments.
BlackRock Approaches $100B in Crypto AUM
Among issuers, BlackRock’s iShares crypto ETFs led the way with $294 million in inflows.
While that’s down 61% from the prior week’s $749 million, the funds are now close to the $100 billion AUM milestone, ending Friday at $98.9 billion.
Grayscale Investments, the second-largest issuer with $35.4 billion in AUM, recorded $87 million in inflows.
Bitwise posted $95 million, while Fidelity Investments experienced the largest issuer-level outflows, losing $55 million.
Market Outlook
The return of inflows across multiple asset categories signals improving sentiment ahead of key macroeconomic events this quarter.
With U.S. policy shifts favoring broader crypto integration into retirement accounts, analysts expect ETP inflows to remain strong in the near term.
