Just noticed something interesting in the crypto flows this week - after five straight weeks of people pulling money out, we finally got a $1 billion inflow day. That's a pretty big reversal. CoinShares data shows this is the first positive week for crypto ETPs since January, which honestly feels significant given all the selling pressure we've seen.

Bitcoin led the charge with $882 million coming in, while Ethereum got $117 million and Solana picked up $54 million. What caught my eye is that the sentiment seems to have actually flipped. People were talking about cutting exposure a few weeks ago, now they're asking where to enter. Looks like the dip buying kicked in after Bitcoin broke some key levels and bounced back.

The U.S. spot Bitcoin ETFs alone pulled in $787 million - that's basically ending the entire five-week outflow streak they had going. Canada, Germany, and Switzerland saw smaller inflows but still positive. Ethereum and Solana both had their best weeks since January too, which suggests this isn't just a Bitcoin thing.

Here's the catch though - total crypto assets under management actually dropped to $127.7 billion from $130.4 billion the week before. So even with new money coming in, the overall pot got smaller because prices are still bouncing around. Bitcoin ETF assets fell from $85.3 billion to $83.4 billion. Year-to-date, most crypto products are still underwater on flows, except Solana and XRP which are slightly positive.

It's encouraging to see the inflows after all that selling, but I'm watching to see if this holds. One week of positive flows doesn't mean we're out of the woods yet - need to see if institutions keep buying or if this was just a bounce.