TechFlow News, May 5: According to The Block, CoinShares data shows that global crypto investment products managed by asset management firms—including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares—recorded $117.8 million in net inflows last week, marking the fifth consecutive week of net inflows. Cumulative net inflows over these five weeks exceeded $4 billion; however, this week’s inflow was the lowest within the streak. As of Friday, total assets under management (AUM) stood at $155 billion, essentially flat compared to the prior period.
James Butterfill, Head of Research at CoinShares, noted in the report that weekly figures mask a significant intraweek reversal: from Monday through Thursday, there were four consecutive days of net outflows totaling $619 million, followed by a single-day net inflow of $737 million on Friday—reversing the week’s overall performance. Butterfill described Friday’s figure as one of the largest single-day net inflows of 2026, reflecting a marked improvement in risk appetite.
By region, U.S. digital asset investment products recorded only $47.5 million in net inflows last week—significantly slower than the $1.1 billion recorded the previous week. German crypto funds saw $43.8 million in net inflows, while Canadian products attracted $16 million.
By asset class, Bitcoin funds led again with $192.1 million in net inflows, bringing year-to-date net inflows to $4.2 billion. Short Bitcoin products also recorded $6 million in net inflows. U.S. spot Bitcoin ETFs alone contributed $162.8 million in net inflows, with BlackRock’s IBIT accounting for $136.6 million. Ethereum products, by contrast, suffered $81.6 million in net outflows.
Butterfill stated that the number of assets experiencing net inflows declined from nine the previous week to just four—a clearest signal of weakening market sentiment during the week, followed by its recovery on Friday.
