Digital asset funds draw $1.2 billion as Bitcoin leads inflows: CoinShares

Digital asset investment products recorded $1.2 billion in inflows last week, marking the fourth straight week of positive flows. 

The latest CoinShares report said eight assets attracted inflows, up from six in the prior week.

The move came as Bitcoin traded above $76,000 for the first time since the February correction. Total assets under management rose to $155 billion, the highest level since February 1.

Bitcoin ETFs drive institutional demand

Bitcoin (BTC) led the market with $933 million in weekly inflows. The figure brought year-to-date Bitcoin fund inflows to $4 billion, showing renewed demand from institutional investors.

Spot Bitcoin ETFs also posted their strongest weekly inflows in several months. Nearly $1 billion entered the products over the past week, with April 17 recording more than $663 million in net inflows.

Moreover, Ethereum investment products added $192 million in inflows. This marked the third consecutive week in which Ethereum inflows stayed above $190 million.

XRP also returned to inflows after one week of outflows. The move showed broader investor participation as more assets joined Bitcoin and Ethereum in attracting capital.

Blockchain equities hit record demand

Blockchain equity ETFs recorded $617 million in inflows over three weeks. CoinShares said the segment reached record weekly inflows as investors sought wider exposure to blockchain technology and related companies.

The United States led regional inflows with $1.1 billion. Germany followed with $61.7 million, while Switzerland recorded $35.2 million after reversing the prior week’s outflows.

Canada also saw $15 million in inflows, pointing to a wider regional bid than recent weeks. The report noted that investors are watching the April 28–29 FOMC decision, which may keep some caution in the market.

The latest flows show that institutional demand for crypto funds has improved as Bitcoin recovers from earlier weakness. However, total assets under management remain below the October 2025 peak of $263 billion.

Short Bitcoin products drew $16.5 million in inflows. CoinShares said this was broadly in line with the prior month’s average, suggesting steady but not extreme hedging demand.

The market now faces a key macro week. The Fed decision, inflation expectations, and geopolitical risks may shape whether inflows continue or slow after four weeks of gains.