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

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

According to CoinShares, digital asset investment products drew $1.1 billion in weekly inflows as U.S. spot Bitcoin ETFs led demand and Morgan Stanley’s new Bitcoin ETF attracted nearly $62 million in its first week.

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Fact Check
The strongest available evidence in this run is the fetched PANews article 'CoinShares:数字资产投资产品上周录得11亿美元资金流入,美国占比95% | PANews', which specifically matches the claim: about $1.1 billion in weekly inflows, roughly 95% from the United States, and Bitcoin as the largest recipient. PANews also links the claim to the CoinShares page 'Volume 281: Digital Asset Fund Flows Weekly Report', which is the likely primary source. However, because direct fetching of the CoinShares page, the provided X posts, and the BlockBeats link all failed, I could not fully validate the primary source in this run. That makes the claim likely true but not confirmed to a high-confidence standard.
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Summary

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.

Terms & Concepts
  • U.S. spot Bitcoin ETFs: Exchange-traded funds that hold Bitcoin directly, giving investors regulated market exposure to the asset’s price without buying the token themselves.
  • Short-Bitcoin products: Investment products designed to profit when Bitcoin’s price falls, often used for hedging or bearish positioning.
  • ETPs: Exchange-traded products, a broad category of listed investment vehicles that can track cryptocurrencies or other assets.