Crypto investment products rebounded with positive inflows last week, with net inflows totaling $572 million, according to asset manager CoinShares. Roughly $1 billion in early-week outflows, triggered by concerns over weak U.S. payroll data, were more than offset by $1.57 billion in inflows following President Trump’s executive order permitting crypto allocations in 401(k) retirement plans.
Ethereum ETPs led the gains, drawing $268 million in inflows and pushing year-to-date inflows to a record $8.2 billion. Assets under management for Ethereum ETPs have surged 82% this year to an all-time high of $32.6 billion.
Bitcoin also rebounded, attracting $260 million in inflows after two consecutive weeks of outflows, and there were $4 million in outflows from short positions.
Among altcoins, Solana saw $21.8 million in inflows, XRP drew $18.4 million, and Near captured $10.1 million.
Regionally, the U.S. led with $608 million in inflows, followed by Canada with $16.5 million. However, Europe posted outflows of $54.3 million, primarily in Germany, Sweden, and Switzerland.
The return to net inflows resumes a 15-week trend of crypto inflows that was briefly interrupted two weeks ago.
Read More: Crypto ETFs post first outflows in 15 weeks, sheds $223 million: CoinShares
