Crypto investment vehicles pulled in a big wave of cash last week, driven mainly by Bitcoin and heavy ETF activity, pushing total inflows to $2.17 billion — the largest weekly haul since October 10, 2025. The surge highlights how institutional products can dominate flows even when prices wobble, and it arrived amid a backdrop of macro uncertainty. Fund managers and traders now face a mix of renewed demand and lingering volatility as markets digest the move.
Digital asset manager CoinShares reported the $2.17 billion figure, which stands out after several quieter months. That weekly total marked the strongest inflows since early October of last year and underscores renewed appetite for crypto exposure in institutional formats. Investors seem willing to add exposure through regulated products despite recent price swings.
U.S. spot Bitcoin exchange-traded products were the biggest single driver, accounting for roughly $1.42 billion of the inflows. BlackRock’s IBIT led the pack with about $1.03 billion in net weekly inflows, followed by Fidelity’s FBTC at $194.4 million and Bitwise’s BITB at $75.64 million. Smaller contributions came from Ark Invest and 21Shares’ ARKB with $42.50 million and a Grayscale mini BTC trust at $30.40 million.
By asset class, Bitcoin dominated the week with approximately $1.55 billion in net inflows, showing that institutional appetite remains concentrated in the flagship coin. The spike coincided with a brief push above $97,000 last week, a peak not seen since November, though prices slipped back below $93,000 by Monday morning. That whipsaw is a reminder of how quickly sentiment can shift even amid heavy buying from funds.
“Despite proposals under the CLARITY Act from the US Senate Banking Committee that could restrict stablecoins from offering yield, Ethereum and Solana still recorded inflows of $496 million and $45.5 million, respectively,” CoinShares Head Of Research James Butterfill wrote in the report. Other tokens also attracted attention, with XRP and smaller altcoins like Sui, Lido and Hedera showing inflows as investors spread bets beyond Bitcoin and Ethereum.
“In the current environment, macro factors and global tension, tariffs, etc., have a larger short-term impact on the market,” Nicolai Søndergaard, research analyst at Nansen, told Decrypt. That perspective matches what traders are seeing: big macro headlines can set the tone and override on-chain positives for stretches of time. As a result, flows into ETFs and funds can appear reactive rather than predictive when volatility spikes.
ETFs remain a major source of buying pressure when markets trend, but they often trail the earliest waves of accumulation. Last week’s surges may partly reflect buying that started in early January and briefly pushed Bitcoin toward the $97,000 mark. Funds can amplify moves once momentum is visible, which is why a large inflow week can follow an initial price run.
The higher-timeframe technical backdrop still reads as constructive for some traders, with a sequence of higher lows and higher highs since mid-December 2025 suggesting resilience at broader timeframes. Prediction market users on Myriad have been betting on a recovery, placing an 83.7% chance on Bitcoin returning to the $100,000 psychological level. Bitcoin is down 2.1% over the past 24 hours and was trading just below $93,000, according to CoinGecko data; Editor’s note: This story was updated after publication with additional detail and a revised headline.
