Bitcoin Attracts $195M, Altcoins See First Inflows in 5 Weeks

Key Takeaways 

• Digital asset investment products saw $226 million in inflows last week, with Bitcoin leading the way.
• After four weeks of consecutive outflows, altcoins experienced a return to inflows.
• However, Bitcoin is on track for its worst first-quarter performance since 2018.

Digital asset markets show a cautious yet optimistic outlook, with $226 million in inflows last week . Bitcoin led the way despite facing selling pressure in its worst first quarter since 2018.

After five weeks of outflows, altcoins saw a positive inflow, signaling a potential market recovery.

Bitcoin Sees $195 Million Inflows Amid Positive Market Sentiment

According to CoinShares , digital asset investment products experienced $226 million in inflows last week, signaling a cautious but optimistic outlook from investors. Bitcoin led the charge with $195 million in inflows, while short-bitcoin investment products saw continued outflows for the fourth week, totaling $2.5 million.

Despite recent price dips, Bitcoin’s global ETPs (Exchange-Traded Products) reached their lowest total assets under management since post-U.S. election times, at $114 billion.

Notably, all key regions saw inflows, with the U.S., Switzerland, and Germany leading the way with $204 million, $14.7 million, and $9.2 million, respectively. Minor outflows were recorded in Hong Kong and Brazil.

According to CoinShares’ James Butterfill, these trends suggest that, although market sentiment remains somewhat cautious, investor confidence in Bitcoin persists.

Altcoins Experience First Inflows in Five Weeks

For the first time in five weeks, altcoins saw significant inflows, totaling $33 million. This came after a brutal four-week stretch, during which altcoins saw $1.7 billion in outflows.

Ethereum, Solana, XRP, and Sui were the main beneficiaries. Ethereum led the pack with $14.5 million, followed by Solana with $7.8 million, XRP with $4.8 million, and Sui with $4 million.

For Butterfill, this marks a potential turning point for the altcoin market, indicating that investor confidence is starting to return after a period of uncertainty.

Bitcoin Faces Worst Q1 Performance Since 2018

However, Bitcoin is on track for its worst first-quarter performance since 2018, down by 12% in the first quarter of 2025, as per CoinGlass data . The market has shifted, with Bitcoin facing selling pressure below $85,000.

Over the past 24 hours, $90.56 million in BTC positions were liquidated , with long traders losing $79.3 million. Bitcoin’s open interest dropped by 4.5%, signaling a decline in trading activity.

Ethereum ETFs experienced a rare positive day on Friday, ending a 17-day streak of outflows. Grayscale’s ETHE fund saw an inflow of $4.68 million.

Ethereum’s price is down 2.5% in the past 24 hours as the network prepares for its Pectra upgrade in late April or May. Meanwhile, Bitcoin ETFs maintain a strong presence, with the total value reaching $94.39 billion.