Crypto investment products from some of the world’s largest asset managers saw an inflow of $3.3 billion last week as investors sought refuge amid economic uncertainty.
Wave of Crypto Cash: $3.3 Billion Pours into Investment Products in a Week
Investment vehicles issued by companies such as BlackRock, Fidelity, and Grayscale have amassed more than $10.8 billion this year and are sitting on more than $180 billion under management, according to a report by CoinShares, an investment company focused on digital assets.
Seeking diversification
“We believe that growing concerns over the US economy, driven by the Moody’s downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets,” James Butterhill, head of research at CoinShares, wrote in the report.
Bitcoin led the charge with $2.9 billion of inflows in week 21. The original cryptocurrency now accounts for about one quarter of all crypto investment inflows in 2025. Meanwhile, Ethereum captured $326 million in a 15-week record.
Remarkable streak
XRP took a hit, seeing its biggest outflow ever with $37.2 million leaving. That ended what Butterfill called a “remarkable 80-week inflow streak.”
Worldwide the U.S. led the pack with $3.2 billion in inflows. Germany, Australia, and Hong Kong trailed behind with $41.5 million, $10.9 million, and $33.3 million, respectively. Meanwhile, Swiss investors cashed out, withdrawing $16.6 million from digital assets.