#DigitalAssetProductsSee224MInflows April 7, 2026 – Global cryptocurrency investment products recorded $224 million in net inflows over the past week, marking a modest recovery from the previous week’s $414 million outflow, according to the latest report from CoinShares .
The rebound, however, tells a highly concentrated story. Switzerland alone accounted for approximately **$157 million**—roughly 70% of total global inflows—while Germany and the United States each contributed about $28 million, and Canada added $11 million . The geographic concentration suggests that European investors, rather than their American counterparts, are driving the current recovery.
XRP Dominates with Record Weekly Inflows
XRP emerged as the clear leader, attracting approximately $120 million in fresh capital—its largest weekly inflow since mid-December 2025 . The token now represents about 7% of total assets under management across cryptocurrency funds, with year-to-date inflows reaching $159 million .
Notably, virtually none of this demand came from U.S.-listed XRP exchange-traded funds (ETFs). SoSoValue data shows the five American XRP spot ETFs recorded near-zero daily flows over the past two weeks, with total net assets sitting at $940 million across products from Canary, Bitwise, Franklin, 21Shares, and Grayscale . The overwhelming majority of XRP demand originated from European and international ETPs.
Bitcoin Shows Polarized Sentiment
Bitcoin investment products followed closely with $107 million in inflows, partially offsetting a difficult start to April. However, only about $22 million of that total came from U.S. spot Bitcoin ETFs, which remain in negative territory year-to-date .
The sentiment picture is notably divided. Short Bitcoin investment products—which allow investors to profit from price declines—recorded $16 million in inflows, their largest weekly performance since mid-November, signaling growing bearish positioning among certain market participants .
Meanwhile, Solana continued its steady positive momentum, attracting approximately $35 million in weekly inflows. The asset’s consistent performance now represents roughly 10% of total assets under management in crypto ETPs .
Ethereum Extends Outflow Streak
In stark contrast, Ethereum products continued to bleed capital, posting **$53 million in outflows** for the week. This follows an even larger $222 million exodus the previous week, bringing year-to-date outflows to $327 million .
CoinShares Head of Research James Butterfill attributed the weakness to uncertainty surrounding the CLARITY Act, the proposed U.S. stablecoin legislation that is closely tied to Ethereum’s ecosystem, given that most major stablecoins are issued on its blockchain . The bill remains gridlocked in the Senate amid disputes over stablecoin yield components, creating policy ambiguity that has weighed on Ethereum-focused investment vehicles .
Macro Headwinds Temper Momentum
Despite the positive headline figure, analysts note that momentum reversed late in the week due to broader economic pressures. Stronger-than-expected U.S. retail sales data reinforced projections of continued restrictive monetary policy, while rising crude oil valuations and receding interest rate reduction expectations diminished risk appetite .
Total assets under management in crypto ETPs now stand at approximately **$131.8 billion**, roughly in line with levels seen at the same time last year. Year-to-date inflows total about $1.2 billion, compared with $960 million over the same period in 2025 .
Looking Ahead
Market participants are now focused on upcoming U.S. inflation data, which could further influence Federal Reserve rate expectations and, by extension, digital asset flows. The pause in CME futures and ETF activity over the Good Friday holiday weekend also removes a key source of institutional demand, leaving bitcoin more exposed to spot market selling pressure .
