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Digital Asset Investment Products Draw $1.2 Billion in Fourth Straight Week of Inflows

CoinShares states crypto investment products drew $1.2 billion in weekly inflows, while U.S. spot Ethereum ETFs added $155 million as Bitcoin reached its highest level since early February ahead of the April 28–29 FOMC meeting.

BTC
ETH

Fact Check
The claim is substantially supported by Odaily’s report, which gives the exact weekly window (April 20–24), the exact aggregate inflow ($155 million), the leading inflow fund (BlackRock’s ETHA), the largest outflow fund (Grayscale’s ETHE), and the total net assets figure ($13.79 billion). The X post at https://x.com/CryptooIndia/status/2048613109779329316 independently matches the core weekly Ethereum inflow figure. However, in this run I did not obtain a direct primary SoSoValue page or official issuer/regulatory source, and two supplied PANews links are unrelated Bitcoin ETF items. Because the strongest validating evidence available here is a secondary report that cites SoSoValue rather than the primary dataset page itself, the claim is best assessed as likely true with medium confidence.
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Summary

CoinShares reported that digital asset investment products recorded $1.2 billion in weekly net inflows, extending their positive streak to a fourth consecutive week and lifting assets under management to $155 billion. Bitcoin led with $933 million in inflows as it traded at its highest level since early February, while Ethereum attracted more than $190 million for a third straight week. U.S. inflows totaled $1.1 billion ahead of the April 28–29 FOMC meeting. Separately, U.S. spot Ethereum ETFs posted $155 million in net inflows during the April 20–24 trading week, led by BlackRock’s ETHA, while total net assets for the sector reached $13.79 billion.

Terms & Concepts
  • Digital asset investment products: Financial products that give investors exposure to cryptocurrencies or related assets without directly holding the tokens themselves.
  • Net inflows: The amount of capital entering a fund or group of funds after subtracting withdrawals over a specific period.
  • FOMC: The Federal Open Market Committee, the U.S. Federal Reserve body that sets monetary policy including benchmark interest rates.