CoinShares Says Digital Asset Funds Took In $1.1 Billion, Led by Bitcoin

CoinShares reported that digital asset investment products recorded $1.1 billion in net inflows for the week ending April 11, the strongest week in three months after five consecutive weeks of roughly $4 billion in outflows. James Butterfill said the rebound was supported by early ceasefire signals out of Iran and softer-than-expected U.S. inflation data. The United States accounted for $1.06 billion, or about 95% of total flows, while U.S. spot Bitcoin ETFs absorbed $833 million, according to Farside Investors. Bitcoin investment products brought in $871 million globally, Ethereum products added $196.5 million after three weeks of outflows, and XRP products recorded a little over $19 million. Weekly trading volumes rose 13% to $21 billion, while short-Bitcoin products saw $20 million in inflows, their highest weekly total since November 2024. Separately, Morgan Stanley’s newly launched Bitcoin ETF attracted nearly $62 million in its first week of trading, and reports said the bank has also filed for Ethereum and Solana ETFs.

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