Surging Bitcoin, Ethereum ETF Investments Drive Crypto Funds to Best Week Since January

Crypto investment products surged back to life last week as improving macro conditions triggered a sharp reversal in institutional sentiment, according to data released Monday by asset manager CoinShares.

The $1.1 billion in weekly inflows marked the strongest weekly performance since early January, with tentative ceasefire developments in Iran and softer-than-expected US CPI data restoring investor confidence, according to James Butterfill, head of research at CoinShares.

U.S. investors dominated the return to crypto, accounting for $1.06 billion or 95% of global flows. U.S. spot Bitcoin ETFs captured the bulk of this activity with $833.2 million in weekly inflows, according to Farside Investors data. Trading volumes rose 13% week-over-week to $21 billion, per CoinShares, though this remains well below the year-to-date average of $31 billion, suggesting room for further recovery.

The inflow surge revealed sophisticated institutional positioning as investors simultaneously increased both bullish bets and downside hedges.

While Bitcoin funds globally attracted $871 million and Ethereum saw $196.5 million last week after three weeks of outflows, short-Bitcoin products recorded $20.2 million in inflows—their highest weekly total since November 2024. This dual positioning suggests institutions are adding crypto exposure while maintaining protection against potential volatility.

Last week’s performance brought Bitcoin’s year-to-date inflows to just under $2 billion, representing 83% of the $2.3 billion in total crypto ETP inflows recorded in 2026 so far. Ethereum remains one of the few assets in negative territory for the year with cumulative outflows of $130 million, despite its recent weekly recovery. The broader inflow surge has lifted total assets under management to levels not seen since early February.

xrp" target="_blank" class="sc-adb616fe-0 bJsyml" rel="nofollow">XRP funds led the way the previous week with nearly $120 million worth of inflows, even outpacing Bitcoin funds during that week—but XRP investments fell to $19.3 million last week, per the CoinShares report.

Last week’s institutional crypto surge follows five consecutive weeks of outflows totaling $4 billion that had dampened market sentiment through March.

Amid last week’s rebound came the launch of Morgan Stanley’s Bitcoin ETF, which pulled in nearly $62 million in investments last week after its Wednesday launch, per Farside Investors.

The firm has already filed for Ethereum and solana-a-scalable-decentralized-network-for-dapps" target="_blank" class="sc-adb616fe-0 bJsyml" rel="nofollow">Solana ETFs, as well, and Morgan Stanley’s Amy Oldenburg told Decrypt last week that the firm also plans to explore crypto offerings like a tokenized money market fund and tax-harvesting services for clients.