Key Takeaways
Institutional investors aren’t backing away from crypto, but they’re getting more selective.
Weekly inflow data shows the appetite for crypto investment products is holding up, but beneath the surface, regional shifts and asset-level preferences point to changing investor behavior amid volatile markets and evolving regulations.
According to CoinShares, crypto funds pulled in $286 million last week, bringing the seven-week total to $10.9 billion.
However, despite strong inflows, total assets under management (AUM) dropped from $187 billion to $177 billion—mostly due to price corrections tied to macroeconomic jitters, including the latest U.S. tariff rulings.

Ethereum was the clear standout, drawing $321 million in inflows, its best week in nearly six months.
The second-largest crypto by market cap has now seen six consecutive weeks of inflows, totaling $1.19 billion, signaling renewed institutional confidence.
Bitcoin, on the other hand, saw its momentum slow. After a consistent six-week run, it ended last week with $8 million in outflows as traders reacted to increased market volatility.
Short Bitcoin products also saw $3.7 million in outflows, suggesting a pullback in bearish positioning.
The U.S. remains the largest source of inflows, adding $199 million. But it’s no longer the only major player.
Hong Kong saw $54.8 million in inflows, its best performance since it launched crypto ETFs last year, while Germany posted $42.9 million and Australia added $21.5 million. ‘
These gains suggest that institutional interest is picking up beyond traditional Western markets.
In contrast, Switzerland and Sweden saw outflows of $32.8 million and $3.9 million, respectively. Switzerland, in particular, continues to see net outflows year-to-date, highlighting regional divergence in sentiment.
Investors are becoming choosy about altcoins. In addition to Ethereum, SUI and Solana (SOL) saw modest inflows of $2.2 million and $1.6 million, respectively.
Meanwhile, XRP continued to struggle, with $28.2 million in outflows for the week.
Multi-asset products also underperformed, an indication that portfolio managers are moving away from broad baskets and focusing on high-conviction plays.
Even so, niche interest remains: the “other assets” category saw $2.7 million in inflows, proving there’s still room for smaller tokens amid the volatility.