Crypto asset investment products have recorded their third consecutive week of net inflows, signaling a notable change in investor sentiment following a prolonged period of outflows earlier this year.
According to the latest weekly report published by CoinShares, a prominent European digital asset investment firm, inflows amounted to $2 billion for the week ending May 3. This marks a significant turnaround compared to the nine-week outflow streak observed prior to the current trend.
Bitcoin Leads Inflows as Ethereum Builds Momentum
Bitcoin continued to dominate investor interest, absorbing $1.8 billion of the total weekly inflows. However, the report also pointed out that some bearish positioning is still present, with $6.4 million directed into short-Bitcoin products, marking the largest bearish inflow since December 2025.
Despite this, Bitcoin remains the most significant beneficiary of renewed institutional inflows, aligning with its role as the largest and most liquid digital asset.
Ethereum also saw strong participation, marking its second consecutive week of positive flows. Inflows into Ethereum totaled $149 million for the week, bringing the two-week total to $336 million. This development may signal improving sentiment around Ethereum’s fundamentals and potential utility in both DeFi and Layer 2 scaling.
Other altcoins showed mixed results. Solana recorded $6 million in inflows, while XRP and Tezos registered $10.5 million and $8.2 million respectively, an indication that investor appetite is gradually expanding into select alternative projects.
From a geographic perspective, the United States remained the largest source of investment demand, contributing $1.9 billion to the week’s total.
Meanwhile, Germany, Switzerland, and Canada also recorded notable inflows of $47 million, $34 million, and $20 million respectively. The spread across jurisdictions suggests a broad-based improvement in institutional sentiment toward digital assets.
📈 Investor sentiment remains strong with US$2bn inflows@Bitcoin was the main beneficiary with inflows of US$1.8bn, followed by @ethereum with inflows of US$149m. Other notable inflows: @Ripple’s $XRP $10.5M, @tezos $8.2M, and @solana $6M.
🇺🇸 + US$1.9bn
🇩🇪 + US$47m
🇨🇭 +… pic.twitter.com/qzwT7zHSBF— CoinShares (@CoinSharesCo) May 5, 2025
Blockchain Equities and Outlook
Beyond cryptocurrency-focused investment products, blockchain-related equities also recorded a positive performance. The report highlighted that blockchain equity funds saw inflows of $15.9 million, continuing a trend of investor interest in publicly traded companies with exposure to the crypto ecosystem.
The current momentum in fund flows could indicate renewed optimism about crypto’s mid- to long-term potential. The report noted that cumulative inflows over the last three weeks have reached $5.5 billion. Year-to-date (YTD) inflows now total approximately $5.6 billion.
CoinShares’ Head of Research, James Butterfill, emphasized that recent market movements have pushed the total assets under management (AuM) in crypto investment products to $156 billion. This is the highest level seen since mid-February, suggesting a broader recovery in both market prices and institutional confidence.
Featured image created with DALL-E Chart from TradingView