Last week saw crypto investment products drawing $224 million in inflows, according to a report by asset manager CoinShares, with European markets unexpectedly leading global activity. XRP recorded its strongest performance in months, contributing significantly to this trend.
Switzerland topped regional inflows with $157.5 million, surpassing the U.S. market’s $27.5 million, indicating an unusual shift in institutional crypto investment patterns. James Butterfill of CoinShares Research highlighted this geographic change.
XRP emerged as the top performer with $119.6 million in weekly inflows, its highest since mid-December 2025. This surge brought XRP’s year-to-date inflows to $159 million, accounting for 7% of assets under management.
Bitcoin attracted $107.3 million despite having net outflows of $145 million at the start of April, while Ethereum continued its downturn with $52.8 million in outflows. Solana bucked this trend by gaining $34.9 million, reaching 10% of its year-to-date assets under management.
Short-Bitcoin products also saw renewed interest with $16 million in inflows, the highest since mid-November 2025. The report noted some late-week outflows were driven by stronger-than-expected retail sales data and changing investor expectations.
This geographic shift coincides with divergent regulatory frameworks across regions. Although the Digital Asset Market Clarity Act passed the House in mid-2025, it stalled in the Senate due to disagreements on stablecoin yield provisions.
The launch of Spot XRP ETFs in the U.S. in late 2025 provided institutional investors with regulated exposure to the asset. The concurrent surge in XRP and European market dominance suggests investor positioning based on regional regulatory clarity.
Bitcoin ETFs also experienced a strong start this week, attracting $471.3 million worth of investments on Monday—the largest single-day inflow since February, according to SoSoValue data.