The weekly CoinShares report shows a significant recovery in interest towards crypto funds, with a total of $785 million inflow, giving hope after recent outflows.
Total Fund Inflows
The total fund inflow amounted to $785 million, indicating a complete recovery from nearly $7 billion in outflows experienced during the February–March correction. This exceeds the previous peak of $7.2 billion set in early February.
Regional Differences in Inflows
Regional sentiment varied notably. The United States led with $681 million in inflows, followed by Germany with $86.3 million and Hong Kong with $24.2 million, the latter seeing its largest weekly inflow since November 2024. Meanwhile, Sweden, Canada, and Brazil experienced outflows of $16.3 million, $13.5 million, and $3.9 million respectively.
Status of Ethereum and Bitcoin
Ethereum stood out with $205 million in weekly inflows, boosted by renewed investor confidence following the Pectra network upgrade and the appointment of a new co-executive director. This brings Ethereum’s YTD inflows to $575 million. Bitcoin continued to dominate overall inflows with $557 million, although this was a decline from the previous week, likely due to hawkish signals from the U.S. Federal Reserve. Meanwhile, short-Bitcoin products recorded a fourth consecutive week of inflows, totaling $5.8 million, suggesting caution among some investors amid recent price gains.
Thus, the weekly CoinShares report reflects a resurgence in interest in cryptocurrencies, especially in Bitcoin and Ethereum, while notable regional differences persist.
