Crypto Funds See $286M Inflows as Ethereum Flow Soar
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Ethereum investment products totaled $321 million last week, marking their strongest weekly inflow since December 2024. Bitcoin funds saw $8 million in outflows, ending BlackRock’s 34-day streak amid U.S. tariff uncertainty. CoinShares data shows that global crypto investment funds recorded $286 million in net inflows last week. Ethereum stood out with its most impressive performance since December 2024, notably, despite ongoing market uncertainty and a decline in total asset value. Ethereum’s steady rise helped to drive a broader trend of continued interest in digital asset products. Ethereum Leads Inflows with Strongest Weekly Performance The latest CoinShares report noted that Ethereum investment products mainly drove last week’s global inflows into crypto funds. The largest Altcoin stands out in terms of both its performance and the sentiment shift surrounding the market. Notably, Ethereum-based funds pulled in $321 million weekly, the highest amount since December 2024. This rally in inflows signals renewed confidence in Ethereum. This is especially from the United States, where spot ETH ETFs accounted for $285.8 million. It is worth noting that this marks the sixth week in a row that Ethereum products have seen consistent gains. As noted in our earlier news piece, Bitcoin (BTC) and Ethereum (ETH), the world’s leading cryptocurrencies, led the $3.4 billion inflows in April. Essentially, these current inflows bring the total to $1.2 billion in that period alone. While the overall market has faced price declines due to concerns over U.S. tariffs, investors continued to pour money into Ethereum. James Butterfill, Head of Research at CoinShares, described the rise in Ethereum-focused products as a decisive improvement in sentiment. This shift occurs when the broader crypto market is dealing with regulatory uncertainty and volatile price movements. Still, as reported by CNF, some market participants believe that ETH’s recent surge in value could ignite a major…
Filed under: News - @ June 2, 2025 11:23 pm