Recently, I noticed an interesting phenomenon—institutional funds are once again pouring into the cryptocurrency market. According to the latest data from CoinShares, global crypto investment products attracted over $1.2 billion in inflows last week, slightly less than the $1.4 billion from the previous week, but with four consecutive weeks of net inflows, it seems that institutions are quietly positioning themselves.
Bitcoin is now trading around $81,800, hitting a recent high, which also seems to have stimulated institutional buying interest. CoinShares' head of research stated that even as the market awaits important decisions, the momentum of institutional capital inflows remains steady, reflecting that amid the new highs in cryptocurrency prices, large investors' demand is indeed heating up.
Looking at the specific numbers, Bitcoin-related products remain the top attractors, with over $930 million coming in in a single week, and total inflows this year have already exceeded $4 billion. Ethereum also performed well, with over $190 million added in one week, maintaining levels above $190 million for three consecutive weeks. Solana and Ripple also saw inflows of over $30 million and $25 million, respectively.
Interestingly, major U.S. institutions are leading this rally, with the iShares series under BlackRock taking the lead, followed closely by Ark Invest and Fidelity. In contrast, Grayscale was still experiencing outflows last week, indicating that institutions are reallocating their crypto investment portfolios. Regionally, the U.S. market attracted over $1.08 billion in a week, remaining the dominant force, while Europe also saw significant inflows, especially with Germany’s inflows doubling.
Overall, this wave of institutional capital returning indeed provides substantial support for the bullish market. The total assets of global crypto funds have risen to $155.3 billion, still far below the October peak of $263 billion, but the trend appears to be positive.