Last week marked a significant rebound in cryptocurrency investment products, driven by improved macroeconomic conditions and renewed institutional interest, as revealed by CoinShares on Monday. The sector witnessed $1.1 billion in inflows, the strongest weekly performance since January, spurred by developments related to Iran’s situation and softer-than-expected U.S. CPI data, which boosted investor confidence, according to James Butterfill, CoinShares’ head of research.
U.S. investors led this revival, contributing $1.06 billion or 95% of the global inflows. The majority of these investments were directed towards U.S.-based spot Bitcoin ETFs, attracting $833.2 million in weekly inflows as reported by Farside Investors. Despite a 13% increase in trading volumes to $21 billion from the previous week, CoinShares noted that this figure remains below the year-to-date average of $31 billion, indicating potential for further recovery.
This influx underscored sophisticated institutional strategies with investors increasing both bullish positions and protective hedges against downturns. Globally, Bitcoin funds saw an inflow of $871 million while Ethereum recorded $196.5 million, recovering from three consecutive weeks of outflows. Meanwhile, short-Bitcoin products experienced a notable inflow of $20.2 million, the highest in nearly five months.
Year-to-date, Bitcoin’s inflows have reached just under $2 billion, accounting for 83% of total crypto ETP inflows of $2.3 billion in 2026 to date. Conversely, Ethereum remains one of the few assets with negative year-to-date performance, having cumulative outflows of $130 million despite its recent gains. The inflow surge has elevated total assets under management to levels unseen since early February.
The previous week saw XRP funds lead with nearly $120 million in inflows, surpassing Bitcoin for that period; however, last week’s investments in XRP fell to $19.3 million. This rebound followed five weeks of outflows totaling $4 billion that had previously dampened market sentiment through March.
The resurgence coincided with the launch of Morgan Stanley’s Bitcoin ETF, which garnered nearly $62 million following its debut on Wednesday, according to Farside Investors data. Morgan Stanley has also filed for Ethereum and Solana ETFs and is exploring additional crypto offerings, including a tokenized money market fund and tax-harvesting services for clients, as disclosed by Amy Oldenburg of the firm in an interview with Decrypt.