James Richardson
Cryptocurrency investment vehicles led by major asset managers like BlackRock, Fidelity, Grayscale, Bitwise, ProShares, and 21Shares attracted $882 million in net inflows globally last week, according to fresh data from CoinShares.
This marks the fourth consecutive week of positive inflows, bringing 2025โs year-to-date total to $6.7 billion โ closing in on the previous peak of $7.3 billion set in February. In a market commentary, CoinSharesโ Head of Research James Butterfill attributed the recent surge to a mix of macroeconomic forces.
โWeโre witnessing a powerful combination of rising M2 money supply worldwide, persistent stagflation concerns in the U.S., and select U.S. states adopting bitcoin as a strategic reserve asset,โ Butterfill wrote.
Bitcoin Funds Lead the Way as Sui Steals the Spotlight
Last week, Bitcoin climbed above $105,000, marking a 10% weekly gain, while the GMCI 30 indexโwhich tracks top cryptocurrenciesโsoared by 21.7%. As a result, crypto fund assets under management (AUM) reached $169.3 billion, approaching all-time highs.
Bitcoin-focused investment products remained dominant, with $867 million in net inflows. According to PRIME, U.S.-based spot Bitcoin ETFs alone drew over $920 million, though minor outflows in other regions brought the global total slightly lower.
The U.S. market contributed $840 million in net weekly inflows, pushing cumulative assets in U.S.-listed Bitcoin ETFs to $62.9 billion โ a new record that surpasses Februaryโs $61.6 billion.
Regional Breakdown: Germany and Australia See Gains, Others Lag
While the U.S. led the charge, Germany and Australia followed, bringing in $44.5 million and $10.2 million respectively. Conversely, Sweden, Canada, and Hong Kong reported net outflows of $12 million, $8 million, and $4.3 million, showing a regional divide in investor sentiment.
Ethereum’s Price Surges, But ETF Inflows Stay Flat
Despite a 41.1% jump in Ethereumโs price, global inflows into Ethereum investment products remained modest at just $1.5 million. Analysts point to notable outflows from U.S.-listed Ethereum ETFs as the key factor behind the muted result.
Sui Investment Products Overtake Solana YTD
A standout performer for the week was Sui, which pulled in $11.7 million in net inflows, outpacing Solana, which saw $3.4 million in outflows. So far in 2025, Sui-based funds have attracted $84 million, overtaking Solanaโs $76 million for the year.
