Cryptocurrency funds attracted $224 million from March 30 to April 3, indicating a recovery in market sentiment, with XRP leading inflows.
In a notable shift in market sentiment, cryptocurrency investment products attracted $224 million from March 30 to April 3, according to CoinShares' latest weekly report. This increase marks a modest rebound, pushing total assets under management in crypto funds to $131 billion, up from $129 billion the previous week.
Switzerland emerged as the leading market, drawing in $157.5 million, followed by Germany with $27.7 million, the USA at $27.5 million, and Canada contributing $11.2 million.
XRP products dominated the inflow, garnering $119.6 million, the best performance since mid-December 2025, bringing total inflows for these funds to $159 million since January. Additionally, Bitcoin instruments attracted $107.3 million, helping to mitigate earlier losses, although April's net outflow currently stands at $145 million.
In contrast, Ethereum products experienced outflows totaling $52.8 million, as investors reacted to unfavorable news regarding the CLARITY Act bill in the USA. Meanwhile, Solana funds performed well, attracting $34.9 million for the week and $220 million year-to-date.
Spot Bitcoin ETFs Record Significant Inflows
On April 6, American spot Bitcoin ETFs saw their highest inflow since February, reaching $471 million during the trading session. This surge coincided with a brief Bitcoin price recovery to $70,000, although geopolitical tensions caused a subsequent drop to $68,000.
BlackRock's IBIT led the inflows with $182 million, followed by Fidelity's FBTC and ARK Invest's ARKB, which received $147 million and $119 million, respectively. Notably, ETF outflows have nearly halted, with major issuers selling only $16.6 million worth of Bitcoin last week. ARK Invest's ARKB ETF was the most active buyer, acquiring $34 million in Bitcoin.
Spot Ethereum funds also benefited from the positive market sentiment, adding $120 million after facing three months of consecutive outflows totaling $770 million. Other altcoin funds saw less activity, with XRP showing no inflow and Solana attracting a mere $247,000.
Additionally, Franklin Templeton announced the transition of all its ETFs to blockchain at the end of March, indicating a significant shift in asset management strategy.
