Bitcoin Breaks Out of Two-Month Range as Crypto Funds Take In $1.4 Billion
Cryptocurrency investment products logged their biggest weekly inflows since January, pulling in $1.4 billion as Bitcoin pushed above a two-month trading range amid optimism around an extended ceasefire track and softer inflation signals.
According to a CoinShares report published Monday, digital-asset funds posted inflows for a third straight week, lifting total assets under management to $155 billion. The week's subscriptions represented 0.91% of industry AUM, the highest share recorded so far this year.
Bitcoin-focused products led the market with $1.12 billion of inflows, taking year-to-date net additions to $3.1 billion. The allocations coincided with Bitcoin climbing to $77,900, its highest level since early February.
Ethereum investment products attracted $328 million, the strongest weekly inflow since January, and brought year-to-date inflows to $197 million, according to CoinGecko data. In contrast, XRP and Solana saw redemptions of $56 million and $2.3 million.
By region, the U.S. accounted for $1.5 billion of net inflows, while Germany recorded $28 million. Switzerland stood out with $138 million in outflows, CoinShares said, the largest weekly withdrawal from the country since November 2025.
U.S. spot Bitcoin ETFs also had a strong week. Net inflows for the week approached $1 billion, and SoSoValue data showed Friday alone brought in $663.9 million, the biggest single-day intake since mid-January.
Nexo analyst Dessislava Ianeva said expanding access through wealth-management platforms is reinforcing demand. Morgan Stanley has enabled Bitcoin ETF trading, and Goldman Sachs filed its application a week later, she noted, adding that these vehicles are positioned to absorb a growing share of available Bitcoin supply. She also said the inflow trend is extending beyond Bitcoin-only products: across 12 trading days in April, Bitcoin and Ethereum ETFs drew capital at roughly a 4-to-1 ratio, with $1.6 billion and $385 million in net inflows, respectively—a pattern that has historically been associated with broader market participation.
Ianeva attributed the renewed risk appetite to extended U.S.-Iran ceasefire negotiations, improved liquidity and better-than-expected March inflation data. Post-halving, miners are producing about 450 bitcoins per day, while daily net ETF demand has been several times higher, she said.
Despite the rebound, some market participants remain cautious, pointing to how quickly geopolitical developments and macro policy signals can shift risk sentiment. Investors' portfolio rebalancing during the U.S. tax season in April may also keep Bitcoin trading sideways for longer.
