Global crypto investment products log $2.2B in weekly inflows, even as geopolitical jitters dent late-week mood: CoinShares

Global crypto investment products issued by asset managers, including BlackRock, Grayscale, and Fidelity, recorded $2.17 billion in net inflows over the past week, the largest weekly total since October 2025, according to data from CoinShares.

The bulk of those inflows arrived earlier in the week, before sentiment reversed sharply on Friday, the firm’s Head of Research, James Butterfill, wrote in a Monday report. Butterfill stressed that the late-week pullback reflected macro and geopolitical headwinds rather than a deterioration in underlying demand for digital assets, noting that flows had remained firmly positive through most of the period.

Butterfill stated that only $378 million exited crypto investment products at the end of the week following diplomatic escalation over Greenland, renewed threats of additional tariffs, and policy uncertainty in Washington.

"Sentiment was also weighed down by suggestions that Kevin Hassett, a leading contender for the next U.S. Fed Chair and a well-known policy dove, is likely to remain in his current role," Butterfill wrote.

BTC and ETH lead allocation

Bitcoin BTC products accounted for the majority of allocations, drawing $1.55 billion over the week. Of that amount, U.S. spot BTC ETFs alone accounted for $1.4 billion in weekly net inflows, as The Block earlier reported. Ethereum ETH products followed with $496 million of inflows, while Solana funds attracted $45.5 million.

The demand came even as investors digested proposals under the U.S. Senate Banking Committee’s draft crypto market structure bill that could restrict stablecoins from offering yield.

A wide range of altcoins also signaled institutional appetite, led by XRP funds with $69.5 million of inflows, alongside smaller but positive allocations to Sui, Lido, and Hedera investment products. CoinShares described the moves as broad-based participation across the market, regardless of macro jitters and mainstream headlines.

Price action has echoed that mixed tone. Bitcoin has gained nearly 3% over the past week but has fallen about 2% on the day, slipping below $93,000, as investors reassess macro risks after an otherwise strong start to the week. According to The Block’s price page, ETH has posted a similar price performance: up over 3% in the last seven days but down more than 3% today.

Regionally, the U.S.-based funds again dominated flows with $2.05 billion in inflows. Products in Germany, Switzerland, Canada, and the Netherlands also saw net additions, reflecting what CoinShares characterized as a globally constructive backdrop despite the late-week volatility. Blockchain equities also extended their recent strength, attracting $72.6 million in inflows, pointing to sustained investor interest beyond token-based products.