Crypto exchange-traded products posted $1.4 billion in weekly inflows, topping last week's $996M and marking the strongest three-week stretch since January. Total AUM rebounded to $154.8B — the highest since early February. Ether funds flipped year-to-date positive for the first time in 2026.
Crypto exchange-traded products posted $1.4 billion in weekly inflows, topping last week's $996M and marking the strongest three-week stretch since January. Total AUM rebounded to $154.8B — the highest since early February. Ether funds flipped year-to-date positive for the first time in 2026.
Crypto exchange-traded products (ETPs) attracted $1.4 billion in net inflows last week, according to CoinShares' Monday report, beating the prior week's $996M by 40.9% and capping a three-week inflow streak totaling $2.7 billion.
Bitcoin-led products accounted for $1.12 billion of the weekly total, with US spot Bitcoin ETFs contributing approximately $1 billion of that. The flows pushed crypto ETP assets under management to $154.8 billion — the highest level since early February after dipping to $128 billion in March.
Ether investment products had their strongest week since January with $328 million in inflows, finally lifting YTD flows into positive territory at $197 million cumulative.
This week's $1.4B builds on a clear acceleration:
Each week has grown 27-41% over the prior one. The three-week $2.7B cumulative is the strongest sustained inflow run since early January.
The AUM recovery is striking. Crypto ETP assets fell from $170B+ in late 2025 to $128B in March — a 25% drawdown during Bitcoin's slide from $97K to $65K. They've now recovered to $154.8B, a 21% rebound from the March low, even though Bitcoin is still 40% below its ATH.
Ether's YTD flip to positive is a milestone. After months of outflows and negative sentiment around ETH, $328M in a single week pushed cumulative 2026 flows above zero. This coincides with ETH trading back above $2,300.
Regional data shows US dominance ($1.5B of inflows) while Switzerland saw the largest outflows ($138M). The US concentration reflects the spot ETF channel driving virtually all institutional flows.
CoinShares' James Butterfill attributed the sentiment shift to US-Iran ceasefire extension talks, though the ceasefire has since come under pressure. Nomura's Laser Digital cautioned that backward-looking macro indicators offer limited insight while geopolitical conflicts persist.
The OCC granted Circle final approval to establish Circle National Trust, a federally supervised national trust bank, placing the world's second-largest stablecoin (USDC, $73.2B) under direct federal banking oversight — with reserve management as a planned future capability.
Morgan Stanley amended SEC filings for its proposed Ethereum (MSSE) and Solana (MSOL) ETFs with a 0.14% management fee — the lowest in crypto ETFs — while offering staking yield (50-80% ETH, up to 100% SOL). Its Bitcoin ETF (MSBT), launched just April 8, already holds $364M.
SWIFT announced its blockchain-based shared ledger is ready for initial use, with 17 Tier 1 banks across six continents preparing to pilot live tokenized deposit transactions. The network — used by 11,500+ financial institutions and moving the equivalent of global GDP every 2-3 days — built the ledger in just nine months, marking the most significant mainstream blockchain deployment by traditional finance infrastructure.