XRP Products Lead $224 Million Weekly Crypto Fund Inflows, Outpacing Bitcoin

Global crypto investment products attracted $224 million in net inflows last week, with XRP leading at $119.6 million—over half the total and its largest weekly performance since mid-December 2025, bringing year-to-date inflows to $159 million. Switzerland dominated regional flows with $157.5 million (70% of the global total), far outpacing the United States' $27.5 million in what CoinShares Research Analyst James Butterfill characterized as an unusual geographic shift. Bitcoin products saw $107.3 million in inflows after starting April with $145 million in outflows, while Ethereum faced $52.8 million in outflows amid regulatory uncertainty. The surge in XRP interest follows the late-2025 launch of spot XRP ETFs in the United States, providing institutional investors with regulated exposure to the token.

XRP's dominance in weekly crypto fund inflows

• ▪XRP's year-to-date inflows represented 7% of assets under management
• ▪XRP investment products attracted $119.6 million in inflows during the week covered by the CoinShares report
• ▪Spot XRP ETFs launched in the United States in late 2025
• ▪XRP's $119.6 million weekly inflow was its largest weekly performance since mid-December 2025
• ▪XRP's year-to-date inflows reached $159 million as of the report date

Geographic shift from U.S. to European markets

• ▪Switzerland led regional crypto investment product inflows with $157.5 million during the week covered by the CoinShares report
• ▪The United States crypto investment market saw $27.5 million in inflows during the week covered by the CoinShares report
• ▪Switzerland's $157.5 million in crypto investment product inflows far outpaced the United States' $27.5 million during the reporting week

Mixed performance across major cryptocurrencies

• ▪Bitcoin ETFs added $471.3 million in investments on Monday following the reporting week
• ▪Ethereum investment products experienced $52.8 million in outflows during the week covered by the CoinShares report
• ▪Solana's year-to-date investment product performance reached 10% of assets under management
• ▪Bitcoin ETFs' $471.3 million single-day inflow was the biggest single day for the funds since February 2025
• ▪Bitcoin investment products started April 2025 with net outflows of $145 million
• ▪Short-Bitcoin products' $16 million weekly inflow was their largest since mid-November 2025

Regulatory developments and market implications

• ▪The Digital Asset Market Clarity Act crypto market structure bill passed the House in mid-2025

Perspective of James Butterfill (CoinShares Research Analyst)

• ▪James Butterfill considers Switzerland's dominance of 70% of global crypto investment product inflows to represent an unusual geographic shift in institutional investment patterns

Perspective of Ethereum institutional investors

• ▪Institutional Ethereum investors withdrew $52.8 million from Ethereum investment products during the CoinShares reporting week amid regulatory uncertainty