Global cryptocurrency investment vehicles are approaching historic asset levels as investor appetite continues to surge, with US-based funds leading the charge.
Crypto investment products welcomed another $882 million last week, extending their impressive inflow streak to four consecutive weeks. According to fresh data from European investment firm CoinShares, global crypto exchange-traded products (ETPs) have pulled in a staggering $6.3 billion over this four-week period – representing 93% of all inflows seen in 2025 so far.
Year-to-date inflows have now reached $6.7 billion, putting the market within striking distance of the $7.3 billion record set in early February, as noted by CoinShares' research head James Butterfill.
The enthusiasm from investors has propelled US crypto exchange-traded funds (ETFs) to unprecedented heights. Since their January 2024 launch, these instruments have accumulated a record $62.9 billion in net inflows, surpassing February's previous high of $61.6 billion, Butterfill highlighted in his May 12 fund flows report.
Assets Under Management Closing In On All-Time High
This sustained influx of capital has elevated total assets under management (AUM) across global crypto funds to $169 billion – now just 2.5% shy of the all-time record of $173.3 billion established in late January, CoinShares data reveals.
While impressive, last week's $882 million inflow marks a significant cooling from the $2 billion captured in early May and the towering $3.4 billion registered in late April.
Bitcoin maintained its dominance in the space, attracting $867 million last week alone. This has pushed Bitcoin's year-to-date inflows to $6.6 billion, with assets under management climbing to $146 billion.
Ethereum-focused investment products saw more modest activity, pulling in just $1.5 million in new capital, with their AUM gently rising to $12 billion.
Among altcoins, Sui emerged as the standout performer, with Sui ETPs securing $11.7 million in fresh inflows over the past week.
Solana bucked the positive trend, experiencing $3.4 million in outflows last week, which has dragged its month-to-date performance into negative territory with $2.9 million in withdrawals.
BlackRock Dominates Industry Inflows
The data highlights BlackRock's continued supremacy in the crypto fund space, with its iShares products capturing $1 billion in new capital last week alone.
The asset management giant has amassed an astounding $8.1 billion in inflows year-to-date – significantly exceeding the entire industry's total of $6.7 billion.
Meanwhile, Grayscale and Bitwise remained in outflow territory, shedding $168 million and $27 million respectively last week. Fidelity and ARK showed signs of recovery, reversing their previous negative trends with inflows of $62 million and $46 million.
Market Rally Fueled By Monetary Expansion and Macro Factors
The crypto ETP industry's bullish momentum coincides with broader cryptocurrency market strength, which saw Bitcoin reclaim the $100,000 threshold on May 8 for the first time since January.
Amid heightened investor sentiment, the total cryptocurrency market capitalization has surged to nearly $3.5 trillion – though this remains 11% below the historic peak of $3.9 trillion recorded in mid-December 2024, according to CoinGecko data.
Analysts attribute this ongoing rally to expansionary monetary policies and favorable macroeconomic conditions that continue to drive institutional interest in digital assets as an alternative investment class.
DISCLAIMER
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve substantial risk and extreme volatility - never invest money you cannot afford to lose completely. The author may hold positions in the cryptocurrencies mentioned, which could bias the presented information. Always conduct your own research and consider consulting a qualified financial advisor before making any investment decisions.
