Alright, let’s talk crypto flows because last week was wild. We saw a whopping $3.4 billion pour into digital asset funds – that’s the third biggest week ever recorded by CoinShares! Stick with me, and I’ll break down exactly where that money went and share my take on why investors might be piling in right now.
First off, no big surprises here: Bitcoin was the undisputed champ. It vacuumed up a staggering $3.188 billion all by itself. Think about that – the lion’s share of the new cash went straight into Bitcoin! This huge inflow helped push the total amount of money managed in these digital asset products (what the pros call Assets Under Management, or AUM) back up to $132 billion. We haven’t seen numbers like that since February 2025, apparently. Seems like Bitcoin is still the main event for many investors.
Now, here’s where it gets interesting. Ethereum finally caught a break! After eight frustrating weeks of money leaving ETH funds, it actually pulled in a respectable $183 million last week. Hallelujah! Maybe the tide is turning for Ethereum? It’s definitely a shift worth keeping an eye on, in my opinion.
What about the other players, the altcoins? Honestly, it was a bit of a mixed bag. Solana actually swam against the current, seeing $5.7 million flow out. Ouch. But hey, it wasn’t all bad news! XRP had a pretty good week, attracting $31.6 million, and Sui also saw some positive action with $20.7 million in inflows. So, while there wasn’t a massive gold rush into all altcoins, some clearly caught investors’ eyes more than others.
Here’s a quick look at how the weekly flows stacked up for some key assets, according to CoinShares:
| Asset | Weekly Flow (US$m) | AUM (US$m) |
| Bitcoin | 3,188 | 132,183 |
| Ethereum | 183.0 | 9,223 |
| Multi-asset | 2.4 | 6,333 |
| Solana | -5.7 | 1,399 |
| XRP | 31.6 | 1,048 |
| Sui | 20.7 | 400 |
| Litecoin | – | 194 |
| Short Bitcoin | 1.6 | 82 |
| Other | 1.7 | 516 |
| Total | 3,423 | 151,634 |
| Source: CoinShares data as of 25 April 2025 |
So, who’s throwing all this money around? The report points heavily to U.S. investors, who accounted for a massive $3.3 billion of the total inflow. Folks in Germany and Switzerland apparently chipped in too, so it wasn’t just an American thing.
And why the sudden surge? Here’s how I see it: there’s still a lot of uncertainty buzzing around the global economy, trade talks, tariffs – you name it. When things feel shaky, people start looking for alternatives, places to park their cash that aren’t tied to the usual suspects. Right now, it looks like crypto, especially Bitcoin, is looking like an attractive option for some. Maybe it’s a hedge, maybe it’s speculation, but the money is definitely flowing.
Oh, and one last tidbit: it wasn’t just the cryptocurrencies themselves getting attention. Companies involved in blockchain technology also saw about $17.4 million come in, mostly flowing into Bitcoin mining ETFs. Makes sense, right? If you’re optimistic about Bitcoin, you might feel the same about the companies digging it up (digitally speaking, of course!).
So, there you have it. A huge week for crypto inflows, led by Bitcoin, with Ethereum showing signs of life, and investors seemingly looking for alternatives in a wobbly world. Wild times!
