Digital asset funds maintain winning streak for fifth week running after volatile trading

Digital asset funds maintain winning streak for fifth week running after volatile trading

Investment products focused on digital assets saw $117.8 million in net inflows during the previous week, securing their fifth consecutive positive week, following a powerful $737 million Friday rally that more than compensated for $619 million in withdrawals earlier in the week.

Investment products centered on digital assets saw net inflows totaling $117.8 million during the previous week, extending their positive streak to five consecutive weeks following a strong end-of-week recovery that offset losses from earlier trading sessions.

Exchange-traded products (ETPs) tracking cryptocurrencies experienced withdrawals totaling $619 million from Monday through Thursday, but a powerful single-day surge of $737 million on Friday turned the weekly performance positive, as detailed in a Tuesday report published by CoinShares. The total value of assets under management remained stable at the $155 billion mark.

According to James Butterfill, CoinShares head of research, the Friday inflow amount represents one of the most substantial single-day contributions recorded in 2026, noting that it demonstrates "a sharp improvement in risk appetite."

Weekly crypto product flows
Weekly crypto product flows. Source: CoinShares

The continuous five-week period has accumulated a combined total of $4.02 billion in inflows, establishing it as both the most extended and the most substantial positive flow sequence witnessed in 2026, eclipsing the earlier record of $2.9 billion that was achieved during March.

Investment products tracking Bitcoin attracted $192.1 million in fresh capital, bringing the year-to-date inflow total to $4.2 billion. Nonetheless, this amount falls significantly short of the approximately $1 billion average recorded during the three preceding weeks. Investment vehicles designed to profit from Bitcoin price declines registered minor inflows totaling $6 million.

Ethereum-focused products experienced a reversal in trend with $81.6 million in net outflows, ending a three-week period during which inflows had consistently exceeded $190 million. Butterfill observed that "The narrowing in participation from nine assets to four this week is the clearest signal that sentiment softened through the working week before recovering on Friday."

From a geographic perspective, the United States registered only $47.5 million in new inflows, representing a dramatic decline from the $1.1 billion recorded in the week prior. Germany contributed $43.8 million to the total, while Canada provided an additional $16 million.

Bitcoin ETFs pull in $532 million in single day

In a separate development, Bitcoin exchange-traded funds (ETFs) listed in the United States posted robust inflow numbers at the beginning of the current week. Spot Bitcoin ETFs operating in the US attracted a combined $532.21 million on Monday alone, with BlackRock's IBIT leading the charge at $335.49 million and Fidelity's FBTC contributing $184.57 million. Monday's performance marked the continuation of a three-day positive run that came after a period of outflows totaling $490.63 million in the previous week.

These capital inflows materialized as Bitcoin's price climbed back above the $80,000 threshold for the first occurrence in over three months, driven by enhanced risk appetite in the marketplace following the ceasefire agreement reached between the US and Iran on April 8.