Bitcoin and Ethereum See Record $3.4B Inflow: Key Details

• Crypto investment products pulled unexpected inflow figures last week, with Bitcoin in the spotlight.
• The market is healthy across the board as easing US-China trade trends are fueling sentiment.

Bitcoin (BTC) and Ethereum (ETH), the world’s leading cryptocurrencies, led the $3.4 billion capital inflows recorded last week. This huge inflow into crypto investment products is largely tied to the resurgence in the broader market.

Bitcoin Leads Record-Breaking Inflows

According to the latest CoinShares report, digital asset investment products saw inflows totaling $3.4 billion. This figure represents a huge milestone as it is the 3rd largest weekly inflow on record and the most significant inflows since mid-December 2024. 

Bitcoin investment products led the charge, with last week’s inflows reaching $3.18 billion. Ethereum, the biggest market altcoin, came behind with inflows of $183 million. XRP clinched the third position, amassing inflows of $31.6 million. 

Sui came behind with gains of $20.7 million. In contrast, Solana recorded outflows of $5.7 million, but year-to-date inflows remain moderate at $71 million. Meanwhile, short Bitcoin investments, which bet against the currency’s value, have also seen a smaller, yet notable, inflow of $1.6 million.

The positive sentiment about crypto investment products has spread across several countries and providers. The United States saw the highest weekly flows by country, reaching $3.3 billion, followed by Germany, with $51.5 million. This may reflect a growing appetite for digital assets within the region. 

These latest inflows indicate a reversal of fortunes after crypto investment products saw capital outflows totaling $795 million earlier this month. As featured in our recent coverage, BTC saw weekly outflows of $751 million, while ETH reached $37.6 million.

Positive Market Trends Fueling Rising Crypto Demand

CoinShares Head Researcher James Butterfill noted that rumors of easing Trump’s tariffs largely spurred this robust uptick. Previously, we explored that top cryptocurrencies, including Bitcoin, took a bullish turn following Trump’s hint on the tariff delay. 

On April 23, President Donald Trump announced plans to reduce tariffs on Chinese goods, a departure from his earlier protectionist stance. Shortly after the announcement, the price of Bitcoin soared above $93,700.

Butterfill added that the dramatic weakening of the US dollar may have shifted investors’ attention towards digital assets. Many now view crypto as an emerging haven, leading to the rising demand.

Furthermore, increased whale activity has also sparked optimism within the BTC and ETH markets. As summarized in our earlier news story, data from Glassnode shows that whales holding more than 10,000 BTC have maintained a strong accumulation trend. These large BTC investors have continued to accumulate the leading coin, signaling strong long-term confidence in market fundamentals.

Moreover, crypto analyst Credible Crypto recently forecasted a 200% price rally for Bitcoin. The analyst said his forecast is based on BTC accumulated from Long Term Holders (LTH). 

At press time, Bitcoin price was pegged at $94,741, up 1.8% in the past 24 hours.

Over the past week and month, the coin saw substantial surges of 9.4% and 16%, respectively. Likewise, ETH was up 0.55% to trade at $1,812.