Morgan Stanley’s freshly launched Bitcoin exchange-traded fund pulled in nearly $62 million within its first week of trading — a debut that landed in the middle of the strongest week for crypto investment products in three months.
Macro Shifts Fuel The ComebackThe turnaround came after five straight weeks of outflows that drained roughly $4 billion from the market and left investor sentiment battered heading into April.
CoinShares head of research James Butterfill pointed to two specific triggers: early ceasefire signals out of Iran and a softer-than-expected US inflation reading. Both helped ease nerves that had kept institutional money on the sidelines.
Bitcoin And Ethereum Both Draw Fresh Money Bitcoin funds worldwide attracted $871 million. Ethereum, which had recorded outflows for three consecutive weeks before this, saw $196.5 million flow back in. Weekly trading volumes climbed 13% to $21 billion, though that number still sits well below the year-to-date average of $31 billion, reports indicate.
That was the highest single-week total for those products since November 2024. Money was moving in, but some of it was being used as a safety net.
XRP funds, which had briefly outpaced Bitcoin the previous week with nearly $120 million in inflows, cooled significantly. Reports show XRP investment products brought in a little over $19 million during the same period.
Year-to-date, Bitcoin ETF inflows have reached just under $2 billion — about 82% of all crypto ETP inflows recorded in 2026. Ethereum remains in the red for the year, sitting at $130 million in cumulative outflows despite last week’s recovery.
Total assets under management across crypto investment products climbed back to levels not seen since early February.
Featured image from Pexels, chart from TradingView
