Global crypto investment products recorded a strong rebound last week, with Bitcoin investment products leading the charge. According to CoinShares data released Monday, $931 million flowed into Bitcoin funds alone, reversing the previous week’s $513 million outflows. The surge comes amid renewed investor optimism following lower-than-expected U.S. inflation data, which has fueled speculation about further Federal Reserve rate cuts this year. Total inflows into Bitcoin products since the Fed began easing rates now stand at $9.4 billion, while year-to-date inflows for Bitcoin funds have reached $30.2 billion, slightly below last year’s $41.6 billion total.
James Butterfill, Head of Research at CoinShares, noted that the ongoing U.S. government shutdown and limited macroeconomic data have left investors without clear guidance on monetary policy. Nonetheless, the September Consumer Price Index data, showing a 0.3% monthly increase and a 3% annual rate, provided a catalyst for renewed confidence in the crypto markets. Weekly trading volumes in digital asset exchange-traded products remained robust at $39 billion, well above the 2025 weekly average of $28 billion. U.S.-based products attracted $843 million in inflows, while German funds posted $502 million, marking one of their largest weekly gains.
In contrast, Swiss crypto products experienced net outflows of $329 million, largely due to asset transfers rather than selling pressure. U.S. spot Bitcoin ETFs accounted for $446.3 million in net inflows, with BlackRock’s IBIT alone capturing $324.3 million. Ethereum investment products, however, faced their first net outflows in five weeks, with $169 million exiting as U.S.-based spot Ethereum ETFs led the retreat with $243.9 million, partially offset by gains in other regions. Despite these outflows, leveraged Ethereum products remained popular among traders seeking amplified exposure.
Other altcoin ETPs, including Solana and XRP, experienced a slowdown in weekly inflows ahead of anticipated U.S. ETF launches, with Solana inflows dropping more than 81% from the prior week to $29.4 million, while XRP saw $84.3 million in net additions. Last week’s market movements saw Bitcoin and Ethereum rise 3.5% and 3.1%, respectively, with much of the gains concentrated during a Sunday short-liquidation event. Overall, total assets under management across crypto funds reached $229 billion, with $48.9 billion in inflows so far this year.
From an expert perspective, the inflow surge underscores continued institutional confidence in Bitcoin as a core crypto asset amid evolving monetary policy conditions. The contrasting performance of Ethereum and other altcoins signals selective investor focus, likely driven by ETF approval timelines and risk appetite. Looking ahead, sustained inflows into Bitcoin ETFs could further cement the asset’s role as a benchmark for crypto investment, while market participants monitor macroeconomic indicators and regulatory developments that may influence fund flows and broader market dynamics.
