Investments in digital asset products have finally reversed a five-week trend of outflows, seeing more than $644 million in inflows in the past week.
Leading European digital asset investment firm reports that Bitcoin (BTC) spearheaded this turnaround as the crypto market experienced a renewed sense of optimism.
A recent weekly report indicates that the market for crypto exchange-traded funds experienced over $644 million in inflows last week, effectively concluding a five-week streak of withdrawals. This surge coincides with a positive shift in the spot exchange-traded funds market in the United States, which has observed an uptick in demand from investors as Bitcoin’s value rises.
Data from SoSoValue reveals that the U.S. spot ETFs market recorded six consecutive days of inflows for Bitcoin spot ETFs from March 14 to March 21, 2025. Last Friday, the only product with outflows was Grayscale’s GBTC, while BlackRock reported nearly $105 million in net inflows.
James Butterfill, head of research at the firm, remarked on the change in investor sentiment:
“Total assets under management have increased by 6.3% since reaching their lowest point on March 10th. Every day last week saw inflows, following a 17-day streak of outflows—indicating a significant shift in attitude towards the asset class.”
The report highlights that digital asset investment products experienced a loss of over $6.4 billion over the past five weeks, including 17 consecutive days of outflows from products related to Bitcoin, Ethereum (ETH), XRP (XRP), and Solana (SOL), among others.
However, as Bitcoin gained positive traction, climbing from below $80,000 last week, the sector saw a rebound. Overall, institutional investors have infused over $724 million into Bitcoin-related products, following the previous five weeks of consecutive withdrawals that saw more than $5.4 billion exit Bitcoin-linked investment products.
Investment products related to XRP and Solana had modest inflows of $6.7 million and $6.4 million, respectively.
Meanwhile, Ethereum, which has been facing downward pressure near the $2,000 mark, recorded outflows of $86 million. Additionally, short Bitcoin investment products also experienced outflows of $7.1 million, marking three weeks of continued withdrawals and suggesting a bullish trend reversal.