Crypto investment products attracted $1.1 billion last week, the highest in three months, driven by strong institutional sentiment and improving macro conditions. Bitcoin led inflows with $871 million, while Ethereum reversed recent outflows, attracting $196.5 million. Short-Bitcoin hedging products also saw significant inflows.
U.S. investors accounted for 95% of global flows, with spot Bitcoin ETFs capturing $833.2 million. This surge follows five consecutive weeks of outflows totaling $4 billion. The launch of Morgan Stanley's Bitcoin ETF also contributed to the rebound, attracting nearly $62 million in its first week. Despite Bitcoin's strong performance, Ethereum remains in negative territory year-to-date with cumulative outflows.