FameEX Hot Topics | CoinShares: Ethereum Leads $286M Crypto Fund Inflows

Global crypto exchange-traded products (ETPs) witnessed a significant capital influx last week, with total net inflows reaching $286 million for the seven-day period ending May 30, according to data from CoinShares. Leading this charge was Ethereum, which saw a remarkable $321 million flow into its ETPs, marking the asset's strongest performance since late December 2024. In contrast, Bitcoin investment products faced a modest pullback, registering $8 million in net outflows during the same period. This divergence occurred amid rising market tension caused by Bitcoin’s price decline from $110,000 early in the week to a low of $103,400 by May 30.

Despite the healthy inflow figures, the total assets under management (AUM) for crypto investment products dropped from a peak of $187 billion to $177 billion by the weekend. CoinShares’ Head of Research, James Butterfill, pointed to heightened market volatility and investor unease surrounding recent U.S. tariff developments as primary causes of the decline. Nevertheless, the $286 million in new capital marked the seventh consecutive week of net inflows, pushing the cumulative total for that stretch to $10.9 billion—underscoring a sustained appetite for crypto ETPs, particularly those focused on Ethereum.

Among institutional issuers, BlackRock’s iShares ETFs stood out with $790 million in weekly inflows. However, despite this strong performance, the AUM for iShares dropped from $74.8 billion the prior week to $72.9 billion, reflecting the downturn in Bitcoin-related holdings. Year-to-date, iShares continues to lead the field, boasting $12.4 billion in total inflows. On the other hand, ARK Invest and 21Shares faced significant redemptions, with a combined $282 million in outflows last week. These withdrawals dragged their year-to-date figures into negative territory, with $22 million in total net outflows so far in 2025.

The recent outflows from Bitcoin ETPs are notable, especially following six straight weeks of robust inflows. Butterfill attributed this shift to market reaction after a New York court deemed certain U.S. tariffs illegal, a ruling that added further uncertainty to an already fragile sentiment in Bitcoin markets.

Ethereum’s recent momentum reflects improving on-chain fundamentals and strength in futures markets. Following a prolonged downturn that saw some firms abandon ETH trading, May’s rally is being interpreted by some as a turning point, possibly signaling a broader recovery ahead.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.