Investment products tied to cryptocurrencies are experiencing a notable surge, with Bitcoin emerging as the biggest beneficiary. According to data from CoinShares, crypto investment products saw a net inflow of $2.02 billion last week, marking the third consecutive week of positive inflows. This brings the total inflows over the past three weeks to an impressive $5.5 billion, signaling a major shift in investor sentiment after a period of outflows earlier this year. The crypto market had seen three weeks of outflows from late March to mid-April, primarily due to the global tariff war that created uncertainty in financial markets.

However, investor confidence began to recover following U.S. President Donald Trump’s declaration of a 90-day pause on reciprocal tariffs. This decision was a key factor in the resurgence of interest in crypto assets, leading to the strong inflows seen in recent weeks. The most recent data reflects a broader trend where investors are beginning to commit their funds to crypto investment products again.

Bitcoin remains the top choice for crypto investors. The leading cryptocurrency recorded a massive $1.84 billion in inflows last week, pushing its year-to-date (YTD) inflows to $5.57 billion. Bitcoin’s total assets under management (AUM) now stand at $136.46 billion. This solidifies Bitcoin’s position as the most popular and trusted asset within the crypto space, attracting both institutional and individual investors alike.

Ethereum, while not as dominant as Bitcoin, is also seeing growth. The second-largest cryptocurrency saw $149 million in inflows last week, marking the second consecutive week of positive growth. Ethereum’s YTD inflows have now reached $551 million, with its AUM rising to $9.58 billion. This reflects a steady, albeit smaller, investor interest compared to Bitcoin, signaling that Ethereum continues to hold its ground as a key player in the market.

Other cryptocurrencies also experienced inflows, though on a smaller scale. XRP attracted $10.49 million in inflows, while Solana saw $6.03 million. Cardano, a popular altcoin, experienced a smaller inflow of $1.16 million. Additionally, short Bitcoin strategies saw $6.4 million in inflows, while multi-asset products garnered a more modest $1.86 million. These figures show that investor interest is not limited to Bitcoin and Ethereum, as smaller assets are also benefiting from the broader market’s positive momentum.

On a regional level, the United States continues to dominate the crypto investment landscape. The country saw $1.92 billion in inflows over the past week, bringing its total AUM to $120.13 billion. Other countries also saw inflows, though at much lower levels. Germany saw $47.2 million in inflows, while Switzerland received $34.2 million. Canada, Hong Kong, and Australia also experienced positive inflows, albeit in smaller amounts. However, Sweden and Brazil experienced small outflows, with Sweden seeing a decrease of $500,000 and Brazil experiencing a $200,000 drop in investment.

As for the leading providers of crypto investment products, BlackRock saw the most significant success. The company’s Bitcoin and Ethereum spot ETFs attracted $2.56 billion in combined inflows last week, further cementing their place as dominant players in the market. On the other hand, Grayscale, which offers its own Bitcoin and Ethereum ETFs, saw outflows of $58.6 million and $26.2 million, respectively. In addition, Ark 21Shares Bitcoin ETF and Fidelity Bitcoin ETF also experienced notable outflows, with $457.6 million and $201.1 million leaving these funds, respectively.

This week’s data highlights an ongoing trend of increased interest in crypto investment products, primarily driven by Bitcoin’s continued strength and the broader recovery of the market. As global confidence in cryptocurrency grows, it is clear that digital assets are becoming an increasingly important part of the investment landscape.