Markets, Crypto Investment, Bitcoin ETF, Bitcoin, News Bitcoin products attracted the most inflows, while ether products saw a recovery linked to the successful Pectra upgrade.
Crypto investment products brought in $785 million in inflows last week, pushing year-to-date totals to $7.5 billion and marking a full recovery from the nearly $7 billion withdrawn during February and March’s market correction.
The rebound was led by U.S.-based investors, who contributed $681 million, followed by $86.3 million from Germany and $24.2 million from Hong Kong. The latter saw its largest inflow since November 2024, according to CoinShares’ latest Digital Asset Fund flows report.
Bitcoin BTC products attracted the lion’s share of last week’s inflows at $557 million. That’s a step down from the previous week and comes as the U.S. Federal Reserve continues to signal a hawkish stance, possibly tempering investor enthusiasm.
The recovery is visible for U.S.-listed spot bitcoin ETFs specifically. After recording $3.56 billion outflows in February and $767 million in March, nearly $3 billion came in last month. So far in May, these funds brought in $2.64 billion, according to SoSoValue data.
Short bitcoin products saw their fourth consecutive week of inflows, suggesting some investors are hedging their bets or positioning for downside moves.
When it comes to altcoins, ether ETH products stood out. These brought in $205 million in inflow, the highest since March. That recovery was seemingly linked to the successful Pectra upgrade.
Only products invested in Solana SOL recorded net outflows among the top investment vehicles, losing just under $1 million for the week.
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