Digital asset investment products are once again in the spotlight, as institutional and retail investors poured $3.4 billion into crypto-focused funds during the week ending April 26 - marking the third-largest weekly inflow on record, according to asset manager CoinShares.
The surge represents the strongest capital movement into the sector since December 2024 and signals renewed interest in digital assets as macroeconomic uncertainties intensify.
Bitcoin-based products accounted for the lion’s share of the inflows, with $3.18 billion entering BTC funds alone. The move comes as Bitcoin reclaimed the $90,000 level last week, helping push total digital asset assets under management (AUM) to $132 billion - its highest since February 2025. CoinShares’ Head of Research James Butterfill attributes the rally to growing investor anxiety over potential tariff shocks to corporate earnings and a weakening U.S. dollar, which have pushed capital toward alternative stores of value.
The inflow surge also reflects a broader flight from fiat-linked instruments, as interest rate expectations fluctuate and geopolitical tensions simmer. Investors are increasingly viewing Bitcoin and other crypto assets as modern hedges in an evolving economic landscape.
Ethereum, which had seen eight consecutive weeks of capital outflows, finally reversed course with $183 million in new investments. The uptick coincided with ETH’s strong rebound above the $1,800 mark, suggesting renewed confidence in the asset's long-term viability - especially amid growing institutional experimentation with staking and Layer-2 scaling solutions.
In contrast, Solana was the week’s notable underperformer, recording $5.7 million in outflows. That brought its monthly net movement into negative territory at $13.9 million, potentially reflecting concerns over recent network congestion issues and increased competition in the alt-Layer-1 space.
Meanwhile, Sui and XRP stood out among altcoins, drawing $20.7 million and $31.6 million in inflows, respectively. Multi-asset crypto funds - those providing diversified exposure - also gained moderate traction with $2.4 million in inflows.
The week also saw a parallel rise in blockchain equity investments. Publicly listed companies with crypto exposure, especially Bitcoin miners, attracted $17.4 million. The interest in miner-focused ETFs reflects a growing recognition of mining profitability amid rising transaction fees and sustained price momentum.
Geographically, the United States dominated inflows with $3.3 billion, underscoring the ongoing strength of its newly launched spot Bitcoin ETFs. Europe also saw strong demand, with Germany and Switzerland registering $51.5 million and $41.4 million in inflows, respectively. Australia and Sweden followed with $4.9 million and $4.2 million. Hong Kong added a modest $300,000.
However, not all regions were net-positive. Canada and Brazil saw minor outflows of $1.6 million and $600,000, respectively, possibly due to local profit-taking or ETF structure differences.