Bitcoin, Ethereum, and XRP investment products recorded $1.0 billion in inflows last week, bringing an end to a five-week run of outflows that had totaled $4.0 billion.
New weekly data from CoinShares confirmed this impressive turnaround. The shift marks a notable change in sentiment after weeks of sustained selling pressure.
While it is difficult to pinpoint a single catalyst, the rebound appears to have been supported by prior price weakness, a break below key technical levels that encouraged re-entry, and fresh accumulation by large Bitcoin holders.
US Leads Regional Inflows
Regionally, flows were largely aligned. The United States accounted for the lion’s share, attracting $957 million in inflows. Canada followed with $34.1 million, while Germany and Switzerland recorded $31.7 million and $28.4 million, respectively.
Despite the strong weekly performance, year-to-date (YTD) flows remain negative globally, with total YTD outflows at $578 million.
Bitcoin Dominates as Sentiment Improves
Bitcoin was the primary beneficiary of the renewed appetite, drawing $881.5 million in inflows last week. However, the presence of $3.7 million in inflows into short Bitcoin products suggests that market opinion remains divided, with some investors positioning for downside protection.
On a YTD basis, Bitcoin still shows net outflows of $408 million, indicating that the recovery is still in its early stages.
Ethereum Sees Strongest Weekly Inflows Since January
Ethereum recorded $116.9 million in inflows, marking its largest weekly intake since mid-January. Even so, Ethereum remains in a net outflow position YTD at $430 million.
The rebound suggests renewed institutional interest, though conviction remains low compared to Bitcoin’s dominant share in last week’s allocations.
XRP and Solana Maintain Positive YTD Momentum
XRP saw modest weekly inflows of $1.9 million but maintains a strong YTD inflow position of $153 million.
Solana posted $53.8 million in inflows last week and has now accumulated $156 million in inflows year-to-date, positioning it among the stronger-performing altcoins in terms of institutional demand.
Meanwhile, Chainlink recorded minor inflows of $3.4 million, with no significant outflows observed across other major assets.
Although last week’s $1 billion inflow signals a turning point after weeks of sustained redemptions, YTD figures show that both Bitcoin and Ethereum remain in negative territory overall.
The data suggests that while investors are beginning to re-enter the market, conviction remains selective, with capital concentrating primarily in Bitcoin and a handful of large-cap altcoins.
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