Institutional Sentiment Warming Up? Global Digital Asset ETPs Saw $716 Million Net Inflows Last Week

According to the CoinShares weekly report, as institutional investor sentiment improves, global digital asset ETPs recorded $716 million in net inflows last week, marking the second consecutive week of positive flows.

Driven by this, the total assets under management (AUM) of global digital asset ETPs have rebounded to $180.6 billion, up 7.9% from the November low, though still significantly below the all-time peak of $264 billion.

By region, the US market led with $483 million in inflows, followed by Germany and Canada, which attracted $96.9 million and $80.7 million, respectively. This trend indicates that the recovery in market sentiment is not isolated, but jointly driven by several major markets.

By asset class, Bitcoin remained the main target for inflows, with $352 million in net inflows last week. Meanwhile, short Bitcoin ETP products saw $18.7 million in outflows in a single week, the largest weekly outflow since March 2025. This phenomenon is also seen as a sign that bearish market sentiment may have reached a short-term bottom.

At the same time, some altcoins also attracted significant market attention. XRP saw nearly $245 million in weekly inflows, bringing the year-to-date total to $3.1 billion, far exceeding market expectations. Chainlink set a record with $52.8 million in weekly inflows, reflecting extremely high market enthusiasm and capital concentration for the token.

However, daily data last week showed that inflows were not smooth throughout, with Thursday and Friday seeing minor outflows as the US inflation data was released. This suggests that macroeconomic uncertainty remains a key variable affecting short-term capital flows.

In summary, last week's fund data clearly reflect that institutional capital is returning to the crypto market in a diversified manner—allocating more to both Bitcoin and select altcoins, while the withdrawal from short Bitcoin ETPs further strengthens expectations that the market is forming a bottom.

However, a full recovery of investor sentiment and capital scale will still depend on macroeconomic shifts (such as a stable Fed rate-cutting path) and whether crypto can form a new strong fundamental narrative. Until then, the market recovery process will be full of twists and turns.

#加密货币ETP # Investment Trends