CoinShares Reports Significant Recovery in Cryptocurrency Investment Products
According to CoinShares, global cryptocurrency-based investment products attracted $572 million in net inflows last week. This marked a significant recovery following the first weekly outflows recorded after about four months. Investment products from asset managers like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares led the inflows. CoinShares Head of Research, James Butterfill, reported that the inflows reversed an early-week outflow of $1 billion due to concerns over weak U.S. employment data. These inflows were influenced by a government announcement that permitted cryptocurrencies within 401(k) retirement plans, resulting in a $1.57 billion influx during the week’s latter half.
Regional Distribution of Weekly Fund Flows
CoinShares’ report highlighted that the strong inflows during the latter part of the week replaced substantial outflows earlier on. The inclusion of cryptocurrencies in U.S. 401(k) plans was cited as a primary driver. In contrast, weak U.S. employment data led to early-week outflows due to growth concerns.
Regionally, the United States led with $608 million in net inflows, followed by Canada with $16.5 million and Australia with $7.9 million. Europe, however, experienced a net outflow of $54.3 million from Germany, Sweden, and Switzerland combined, indicating a more cautious approach on the continent.
Ethereum Takes the Lead While Bitcoin Rebounds
Ethereum 
$4,258-based investment products dominated, posting $268 million in net inflows as Ether surpassed the $4,000 mark for the first time in eight months. Year-to-date inflows reached a record $8.2 billion, with assets under management hitting an all-time high of $32.6 billion. U.S.-based spot Ethereum ETFs captured a significant portion of these inflows.
Bitcoin investment products ended a two-week net outflow streak with $260 million in inflows, while short-Bitcoin products saw a $4 million outflow. U.S. spot Bitcoin ETFs contributed $253.2 million to the total.
Among altcoins, Solana 
$183, XRP, Near, Litecoin, Cardano 
$0.812403, Chainlink 
$22, and Stellar saw inflows of $21.8 million, $18.4 million, $10.1 million, $100,000, $1.5 million, $700,000, and $600,000, respectively. Sui-based investment products experienced a $3 million outflow.
