Crypto Funds Rebound Hard: $3.4B Floods In as Bitcoin Dominates and Ethereum Stages Comeback
Wall Street’s crypto cash spigot is back on—with digital asset products raking in $3.4 billion last week alone. Bitcoin ETFs lead the charge (surprise!), while Ethereum finally shakes off its 7-week outflow streak. Guess even institutional investors get FOMO.
Bitcoin: The OG crypto vacuumed up 90% of inflows, proving ’store of value’ narratives still sell. Meanwhile, ETH’s reversal suggests traders might actually believe in that ’ultrasound money’ upgrade—or just enjoy chasing pumps.
Bonus snark: Nothing unclogs capital pipes like a 20% price rally. Funny how that works.
Meanwhile, Solana stood as an outlier among the altcoins, experiencing $5.7 million in outflows, even as other altcoins, such as XRP and Sui, saw significant gains.
The resurgence in capital inflow coincided with a cooling gold market, where prices had dropped sharply after reaching recent highs.
Whale activity further showed the bullish sentiment, with significant OTC purchases, including a reported $110 million buy of Bitcoin and Ethereum, fueling Optimism across the market.
BREAKING
A WHALE BOUGHT $54M WORTH OF $ETH and $56.7M WORTH OF BITCOIN
VIA WINTERMUTE OTC – ARKHAM
EVERYONE IS BUYING AGGRESSIVELY pic.twitter.com/6B4pv2eJIs
Bitcoin Dominates as Safe-Haven Narrative Drives $3.18B Inflows
Bitcoin was undoubtedly the main driver behind the latest influx of capital into digital assets.
With $3.18 billion flowing into Bitcoin products last week alone, the pioneer cryptocurrency accounted for the majority of the $3.4 billion in total inflows.
This momentum not only erased the previous outflows recorded since early April but also pushed Bitcoin’s year-to-date (YTD) inflows to a strong $3.7 billion.
The surge in Bitcoin inflows can be largely attributed to a combination of macroeconomic factors and market-specific developments.
Mounting concerns over the impact of tariffs on corporate earnings, coupled with the dramatic weakening of the U.S. dollar, drove investors toward assets seen as resilient to traditional market shocks.
Bitcoin, often referred to as “digital gold,” naturally attracted investors seeking a SAFE haven.
Coinciding with the renewed interest was Bitcoin’s impressive price action. After a volatile period earlier in the year, Bitcoin reclaimed the $90,000 mark last week, its highest level since March, and continued to push higher towards $95,000.
U.S. spot Bitcoin ETFs also played a critical role in this resurgence, accounting for over $3 billion of the weekly net inflows.
This represents the highest recorded inflows into U.S. Bitcoin ETFs in five months and the second-highest ever recorded.
Meanwhile, blockchain equities, particularly Bitcoin mining-related ETFs, saw an additional $17.4 million in net inflows.
Ethereum Reverses Outflows as XRP, Sui Gain; Solana Stumbles
While Bitcoin dominated the headlines, Ethereum also experienced a notable reversal of fortunes last week.
After enduring eight consecutive weeks of outflows, Ethereum-based investment products attracted $183 million in new inflows, signaling a renewed surge in investor confidence.
U.S. spot Ethereum ETFs played a crucial role in this turnaround, contributing $157.1 million to the inflows and registering their first net positive weekly inflow since February.
The positive momentum extended beyond Bitcoin and Ethereum. XRP investment products recorded a substantial $31.6 million in inflows, reflecting growing optimism around the asset, possibly tied to regulatory clarity and continued institutional interest.
Meanwhile, SUI (SUI) funds saw $20.7 million in inflows, highlighting investor appetite for newer, emerging blockchain ecosystems.
However, not all altcoins shared in the gains. Solana stood out as the sole major digital asset product to experience outflows last week, with $5.7 million exiting Solana-based investment vehicles.
Regionally, while U.S. investors dominated with $3.3 billion in inflows, the positive sentiment was echoed globally.
Germany and Switzerland notably contributed $51.5 million and $41.4 million in inflows, respectively, while Australia, Sweden, and Hong Kong also recorded modest gains.
On the issuer side, BlackRock’s iShares ETFs led the inflow charts, attracting a remarkable $1.5 billion, with ARK and Fidelity following at $621 million and $574 million, respectively.
@BlackRock’s IBIT leads $917M Bitcoin ETF inflow surge with a record $643M single-day haul, signaling strong institutional demand as Ethereum ETFs lag.#Bitcoin #BitcoinETFshttps://t.co/cW3CDz38Pa
Despite this strong performance, a few issuers, including Grayscale, ProShares, and CoinShares, continued to experience outflows month-to-date, suggesting that investors are rotating toward newer or better-performing products.
In summary, last week’s crypto investment activity paints a vivid picture of a market regaining its bullish footing, propelled by renewed investor interest.
If current trends continue, the coming weeks could see even stronger inflows and higher valuations across many investment vehicles.