CoinShares: Last week, global crypto ETPs had a net inflow of $117.8 million, marking five consecutive weeks of net inflows

Deep Tide TechFlow News. On May 5, according to The Block, CoinShares data shows that global crypto investment products managed by asset management firms including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded a net inflow of $117.8 million last week, marking the fifth consecutive week of net inflows. The cumulative net inflow over five weeks exceeded $4 billion, but this week’s inflow was the lowest in that period. As of Friday, total assets under management stood at $155 billion, roughly unchanged from the previous period.

In the report, CoinShares Research Director James Butterfill said that the weekly data obscures a significant shift during the week. There was a cumulative net outflow of $619 million over four consecutive days from Monday to Thursday, while a net inflow of $737 million on Friday alone reversed the week’s overall performance. Butterfill said Friday’s data was one of the largest single-day net inflows in 2026, reflecting a significant improvement in risk appetite.

By region, U.S. digital asset investment products saw net inflows of only $47.5 million last week, a sharp slowdown from $1.1 billion in the prior week. German crypto funds recorded net inflows of $43.8 million, and Canadian products had net inflows of $16 million.

By asset class, Bitcoin funds once again led with net inflows of $192.1 million. Year-to-date, cumulative net inflows reached $4.2 billion. Short Bitcoin products also recorded net inflows of $6 million. Among them, the U.S. spot Bitcoin ETF alone contributed net inflows of $162.8 million, and BlackRock IBIT recorded net inflows of $136.6 million. Ethereum products recorded net outflows of $81.6 million.

Butterfill said the number of assets participating in net inflows fell from 9 in the previous week to 4, the clearest sign of weakening market sentiment during the week, which then recovered on Friday.