Crypto Investment Products See $644M Inflows, Ending Five-Week Outflow Streak

Digital asset investment products saw a strong turnaround last week, recording $644 million in inflows and ending a five-week streak of outflows.

The shift marks a change in investor sentiment, with inflows recorded on each day of the week following 17 consecutive days of outflows, according to a report by CoinShares.

As a result, total assets under management have increased by 6.3% from their recent low on March 10.

The United States accounted for the bulk of the inflows, contributing $632 million.

However, the renewed optimism was not limited to the U.S., with Switzerland, Germany, and Hong Kong also seeing inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.

Bitcoin was the clear leader in the recovery, drawing in $724 million after five weeks of outflows totaling $5.4 billion.

Short-Bitcoin products, which benefit from price declines, posted outflows for a third straight week, shedding $7.1 million.

MARKET: デジタル資産投資商品へ6週間ぶりに資金流入　6億4,400万ドル ── 5週間連続の資金流出から反転も，#Ether (ETH) と #SUI はマイナス -CoinShares pic.twitter.com/dLZSPbKZKM

Altcoins showed mixed results. Ethereum led outflows with $86 million, while other tokens like Sui, Polkadot, Tron, and Algorand also saw modest losses.

In contrast, Solana attracted $6.4 million in inflows, with Polygon and Chainlink seeing smaller gains of $0.4 million and $0.2 million, respectively.

Ethereum ETFs faced notable pressure last week, recording net outflows of $103 million between March 17 and March 21, according to data from SoSoValue.

The losses contrast sharply with the continued momentum of Bitcoin ETFs, which saw $744 million in net inflows during the same period.

The most significant Ethereum outflow came from BlackRock’s Ethereum ETF (ETHA), which saw $74 million in net withdrawals.

While Grayscale’s ETHE reported a modest weekly net inflow of $2.87 million, its cumulative outflow remains substantial at $4.17 billion.

Overall, Ethereum spot ETFs now hold a combined total asset value of $6.77 billion, representing 2.84% of Ethereum’s total market capitalization.

Historical cumulative inflows across all Ethereum ETFs stand at $2.42 billion.

On the other hand, Bitcoin ETFs continue to benefit from rising institutional demand.

BlackRock’s Bitcoin ETF (IBIT) led the way with $538 million in weekly net inflows, marking its sixth consecutive day of positive flows.

As of March 22, Bitcoin ETFs manage $94.35 billion in assets—around 5.65% of Bitcoin’s $1.667 trillion market cap.

Last week, Volatility Shares launched two Solana futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).

This marks the first time Solana ETFs will be available to U.S. investors, broadening access to one of the largest cryptocurrencies by market capitalization.

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