Crypto exchange-traded products (ETPs) recorded $619 million in net inflows last week, extending a rebound in institutional demand despite geopolitical volatility and surging oil prices. Bitcoin-focused funds captured the majority of allocations, highlighting continued investor preference for the market’s largest asset.
According to a weekly report from CoinShares, global crypto investment products issued by firms including BlackRock, Grayscale, and Bitwise attracted fresh capital even as macro uncertainty intensified. The inflows mark the second consecutive week of positive flows after roughly $1 billion entered funds the previous week, ending a five-week streak of withdrawals earlier in the year.
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Bitcoin-based investment products absorbed $521 million during the week, representing the largest share of inflows across digital asset funds. Ethereum-based funds followed with $88.5 million in new allocations, while Solana-linked products drew $14.6 million.
Smaller inflows were recorded in funds tied to Uniswap and Chainlink, each attracting about $1.4 million. XRP-based investment products were the only major category to post notable outflows, losing $30.3 million during the period.
Regional data indicates the rebound was driven primarily by the United States. U.S.-listed funds generated $646 million in inflows, offsetting withdrawals from Europe, Asia, and Canada totaling roughly $29.6 million combined. Early-week momentum proved especially strong, with $1.44 billion entering funds during the first three trading days before sentiment shifted.
Net outflows of $829 million on Thursday and Friday trimmed the weekly total as oil prices climbed and markets reassessed inflation risks tied to geopolitical tensions in the Middle East.
“Ultimately, the rise in oil prices offset any potential decline in inflation that might otherwise have resulted from the weak payroll data,” said James Butterfill, head of research at CoinShares.
Despite the late-week pullback, the broader flow trend suggests institutional investors continue allocating capital to crypto during periods of macro stress. Short-bitcoin funds even attracted $11.4 million in inflows, indicating some traders hedged against near-term volatility.
Exchange-traded fund data reinforces the trend. Spot bitcoin ETFs recorded approximately $568 million in inflows between March 2 and March 6, while spot Ethereum and Solana ETFs added $23.6 million and $24 million, respectively, according to SoSoValue.
With bitcoin trading just above $68,000 during the reporting period, investors now appear focused on whether sustained ETF inflows can offset macro-driven volatility as global markets digest inflation signals and geopolitical developments.
