Crypto investment products posted their strongest weekly inflows since January, adding $1.4 billion as Bitcoin broke out of a two-month trading range amid ceasefire optimism and cooling inflation data.
Regionally, the U.S. dominated with $1.5 billion of inflows, CoinShares analysts noted, with Germany adding $28 million. Switzerland, however, was a notable outlier with $138 million in outflows—the largest Swiss outflow since November 2025, marking a sharp divergence from the broader risk-on tone.
ETFs’ bumper week“As more wealth management platforms activate Bitcoin ETF access—Morgan Stanley being the latest and Goldman Sachs having filed one week later—a growing share of available supply will be captured by these vehicles,” Dessislava Ianeva, analyst at Nexo, told Decrypt. “That demand does not require a macro catalyst to persist. It is built into the distribution infrastructure now being assembled across Wall Street.”
Ianeva noted that the broadening of inflows beyond Bitcoin ETFs alone is notable. Over twelve trading days in April, Bitcoin and Ethereum ETFs attracted simultaneous inflows at a roughly four-to-one ratio: $1.6 billion and $385 million, respectively, a pattern that has historically preceded wider market participation.
What’s driving inflows?Miners produce roughly 450 BTC per day post-halving, Ianeva noted, while ETFs have been absorbing multiples of that in net daily demand. “As more wealth management platforms activate Bitcoin ETF access, a growing share of available supply will be captured by these vehicles, providing support for prices.”
