- Despite geopolitical uncertainty, crypto-focused investment products are attracting substantial capital.
- According to CoinShares, global crypto funds recorded a hefty $1.9 billion in inflows last week, for the ninth consecutive week.
Iran is engaged in a conflict with Israel, over 150 ballistic missiles and more than 100 drones, in response to earlier Israeli strikes. The conflict rattled global markets, sending Brent crude oil prices soaring by around $9 to $10 a barrel and reigniting inflation fears. Naturally, the crypto market felt the pressure too.
Bitcoin briefly slipped below $103,000 but managed to bounce back and is now trading between $105,000 and $108,000. It’s another reminder of how closely crypto is tied to the pulse of global events.
According to a recent report from James Butterfill, Head of Research at CoinShares, a staggering $1.9 billion poured into crypto investment products last week, setting a new all-time high for weekly inflows. This wasn’t just a one-off spike either; it marked the ninth straight week of inflows, pushing the total during this impressive run to $12.9 billion. Even more notable? Year-to-date inflows have now hit $13.2 billion, making 2025 a record-setting year for crypto funds so far.
The United States dominated, accounting for the lion’s share with $1.9 billion in fresh investments. European countries also showed strong interest, with Germany bringing in $39.2 million, Switzerland adding $20.7 million, and Canada contributing $12.1 million. On the flip side, a few markets bucked the trend. Hong Kong saw $56.8 million in outflows, and Brazil recorded $8.5 million in capital exiting the space.
Asset-Specific Highlights
Bitcoin pulled in a massive $1.3 billion from investors. It’s a strong sign that confidence in the crypto giant hasn’t wavered, even with the recent price swings. Interestingly, even the short-Bitcoin products, the ones meant to make money when BTC drops, saw a small $3.7 million inflow. But with just $96 million total locked in those short positions, it’s pretty clear that most investors are still betting on Bitcoin going up, not down.
Bitcoin is showing signs of strength today, climbing by 1.95% and attempting to hold steady above the $106,500 mark. At the time of writing, BTC is trading at around $107,000, with trading volume surging by 23% to $42 billion. This increase in activity has pushed its market cap up by 1.28%, now sitting at $2.12 trillion.
Ethereum (ETH) also had a strong week, pulling in $583 million in inflows, the highest since February, with $528.2 million coming from U.S. spot Ethereum ETFs alone. That brings Ethereum’s cumulative inflows for this recent cycle to $2 billion, representing 14% of all assets under management.
The smart contract giant is gaining serious institutional attention. Its trading volume has jumped by 57%, while open interest rose by 5.21% to $36.98 billion. Ethereum’s options volume has more than doubled, rising by 123.21% to $1.07 billion, as the asset trades at around $2,625.
Meanwhile, altcoins are also seeing renewed interest. Ripple (XRP), after three weeks of outflows, bounced back with $11.8 million in inflows and now sits at $2.25. Its total market cap rose 5.78% to $4.11 billion, though its options volume fell sharply by 96.63% to $560.57.
Sui, a newer player in the space, also saw $3.5 million in inflows. Adding to this, Nasdaq has filed a 19b-4 application with the SEC to list the 21Shares SUI ETF, a clear sign of growing institutional confidence. On top of that, the Sui development team has launched an innovation called zkAt, a zero-knowledge authenticator aimed at enhancing network security and privacy.
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