Crypto Fund Inflows Reach Yearly High

Crypto funds saw a $1.1 billion inflow, the largest since January, says CoinShares.

Between April 6 and 10, cryptocurrency-based investment products attracted $1.1 billion, marking the largest weekly inflow since January, according to a report by CoinShares.

Assets under management in crypto funds exceeded $144 billion, increasing by $13 billion over seven days. Weekly trading volume growth was 13%, yet $21 billion remains significantly below the annual average of $31 billion.

Analysts attributed the renewed appetite for risk to news of a ceasefire in the Middle East and weak inflation data in the United States.

However, over the weekend, signs of conflict escalation emerged. U.S. President Donald Trump announced a blockade of shipping in the Strait of Hormuz starting April 13. According to WSJ sources, he is also considering resuming strikes on Iran.

Regionally, positive sentiment was almost entirely concentrated in the United States, with inflows amounting to $1.06 billion—95% of the total.

Products in Germany attracted $34.6 million, while those in Canada and Switzerland garnered $7.8 million and $6.9 million, respectively.

Bitcoin funds received $871 million, bringing the year-to-date inflow to $2 billion. Structures allowing short positions on cryptocurrency gathered $16 million.

Ethereum instruments attracted $196.5 million, though they remain in the red for the year. XRP accounted for $19.3 million, while Solana lost $2.5 million.

Earlier, from March 30 to April 3, cryptocurrency-based investment products recorded an inflow of $224 million.