Crypto investment products eked out $117.8 million in inflows last week, extending a winning streak to five consecutive weeks—but the headline figure obscures a turbulent stretch that nearly ended the run before it could continue.
The whipsaw pattern left total assets under management essentially flat at $155 billion, and the week's net gain was the smallest of the five-week positive run. The breadth of participation shrank sharply as well. Only four assets recorded inflows during the week, compared with nine the prior week—a sign that investor conviction narrowed considerably before Friday's recovery.
Regionally, the United States—which had dominated inflows the prior week with $1.1 billion—slowed dramatically to just $47.5 million, consistent with the mid-week risk-off mood. Germany stepped in as the week's standout, recording $43.8 million, while Canada added $16 million, suggesting European appetite proved more resilient during the soft patch.
Among fund providers, BlackRock’s iShares led with $131 million for the week, while Grayscale shed $72 million.
