Bitcoin, Ethereum ETFs Add $3.4 Billion in Major Comeback Week
Investors invested $3.4 billion in digital asset products last week, primarily in spot Bitcoin ETFs, marking the third-best week for crypto funds. Year-to-date inflows had been only $171 million prior to this surge. Bitcoin accounted for 93% of last week's inflows, with Ethereum and XRP attracting $183 million and $31 million, respectively. Despite the rebound, year-to-date inflows peaked at $7.4 billion earlier this year, indicating more significant inflows are needed to restore adoption trends. Institutional participation in Bitcoin has increased modestly, but individual investors are currently leading allocations. Last year, crypto funds attracted $29 billion, largely due to U.S. spot Bitcoin ETF approvals. The impact of tariffs on the global economy raises questions about sustaining last year's growth pace. Upcoming 13F filings in mid-May will reveal more about institutional investment activities.
