Crypto funds have just recorded a fifteenth consecutive week of inflows, confirming an upward trend despite market volatility. Ether stands out clearly, attracting the majority of capital on its own. Bitcoin, on the other hand, shows a slight decline, making way for the rise of altcoins.
It has now been 15 consecutive weeks that crypto funds have recorded net inflows. Despite palpable volatility and downward pressure on major assets, $1.9 billion was injected into crypto investment products last week.
Bitcoin, although an undisputed pioneer, saw its ETPs experience a slight unwinding with $175 million in outflows. A weak signal, certainly, but significant. Investors seem to have eased off, not out of disinterest, but to reposition their stakes elsewhere. Indeed, they are notably turning towards assets in regulatory excitement, like Ether.
Meanwhile, the global AUM of crypto products has crossed a symbolic threshold, reaching $221.4 billion. The year 2025 has already seen $29.5 billion in inflows, shattering previous records. The numbers are clear: cryptocurrencies, even when shaken, continue to captivate institutional markets.
With $1.59 billion in new funds injected in one week, Ether ETPs posted their second-largest weekly inflow ever. A figure that turns heads, especially since it arrives amid a slight decline in ETH price.
For James Butterfill, Head of Research at CoinShares, this massive move is not a flash in the pan but rather a maneuver linked to anticipation of Ether-based ETFs.
And Ether is not alone in this surge. Solana and XRP, with respective inflows of $311.5 million and $189.6 million, fit into this pre-positioning strategy.
Investors are clearly betting on the next wave of U.S. regulation, which could open the floodgates for ETFs on other major cryptos.
At the opposite end, Litecoin and Bitcoin Cash endure modest withdrawals. These outflows, although limited, suggest increased selectivity among investors. Capital seeks liquidity but also credibility. And in this quest, Ether, supported by its robust ecosystem and ETF prospects, takes the lead.
Despite this 15th week of inflows, the mechanism is starting to falter. This week’s $1.9 billion represents a 57% drop from the previously recorded $4.4 billion. A slowdown? More like a breather, according to the data. Giants like BlackRock, with its iShares crypto ETF, led inflows ($1.56 billion), though this figure is plummeting compared to the previous week.
Among other players, Fidelity continues its outflows ($123 million), while ARK Invest tempers its capital flight. Only 21Shares, based in Europe, maintains course with modest but stable growth.
As for Grayscale, the figures are paradoxical: $356 million in recent inflows, but a year still marked by $1.3 billion in cumulative outflows. This contrast illustrates the turmoil institutional investors face in their quest for crypto exposure.
BlackRock, by contrast, dominates undisputedly with $25.8 billion in inflows in 2025, capturing alone 87.5% of the total flows into crypto ETPs. A hegemonic position that leaves little doubt: traditional finance has firmly taken its place in the digital asset universe.
