Crypto Funds Attract $933 Million as Bitcoin ETFs Reach New Highs

The flow of institutional investments into cryptocurrency is outpacing that of retail investors, with data supporting the recent bitcoin rally. Last week, digital asset investment products saw inflows of $1.2 billion, marking the fourth consecutive week of growth, according to CoinShares data released on Monday. The total assets under management across crypto funds have now reached $155 billion, the highest level since February 1, albeit still below the $263 billion peak from October 2025. Bitcoin alone attracted $933 million, bringing the year-to-date inflows to $4 billion, while Ether saw $192 million in inflows for the third consecutive week above $190 million. Meanwhile, blockchain equity ETFs, which invest in publicly traded companies generating revenue from crypto infrastructure, are gaining traction. These products have seen inflows of $617 million over the past three weeks, including a record weekly figure, indicating an 'explosion in demand' for indirect exposure to the asset class, as described by CoinShares analyst James Butterfill. This pattern suggests that allocators unable or unwilling to hold bitcoin directly are shifting towards equity wrappers around the sector. Bitcoin briefly touched $79,399, its highest level since January 31, before reversing to $77,705. The $80,000 level is significant as it is where buyers from January and February are approaching breakeven on positions held through the war-driven correction. The upcoming week will test whether institutional flows can absorb the selling pressure or if a third rejection from $79,000 will define a range rather than precede a breakout. The earnings reports from megacap tech companies, including Alphabet, Microsoft, Amazon, Meta, and Apple, which represent roughly a quarter of the S&P 500's market capitalization, will be crucial in determining whether the broader risk-on bid that has been lifting bitcoin alongside equities continues. Strong earnings could extend the four-week run of crypto inflows and provide the catalyst for bitcoin to clear $80,000, while disappointing results could lead to a decline in prices.