Between May 17 and May 23, digital asset investment products recorded net inflows totaling $3.29 billion — marking the second-largest weekly inflow since the beginning of 2025. The figure reflects a sharp increase from the prior week's $785 million, according to a recent CoinShares report.
This marks the sixth consecutive week of positive flows, lifting the year-to-date cumulative total to a record $10.82 billion. Total assets under management (AUM) reached $183.7 billion, approaching an all-time high of $187.5 billion.
Analysts forecast continued inflows as investors respond to rising economic uncertainty in the United States. Moody’s recent downgrade of the country’s sovereign credit outlook triggered a spike in U.S. Treasury yields, prompting institutions to accelerate diversification into crypto assets.
Bitcoin Dominates as ETFs See Record Inflows
Products tied to Bitcoin saw inflows surge from $557 million to $2.98 billion during the period, with U.S.-based spot Bitcoin ETFs accounting for $2.75 billion of that total. This figure represents one of the strongest single-week showings since the approval of such ETFs earlier in the year.
Market observers predict that structural demand for BTC-related instruments will remain strong, particularly in light of global inflation concerns and a growing appetite for decentralized store-of-value assets.
Ethereum Sees Post-Fork Momentum
Ethereum-based funds also saw improved sentiment, with inflows rising from $205 million to $326 million — the highest level since mid-February. This increase follows the successful implementation of the Pectra upgrade, which improved Ethereum’s scalability and staking efficiency.
The bullish momentum extended to other altcoins, though not universally. While Solana and Sui attracted $4.3 million and $2.9 million respectively, XRP-linked funds saw $37.2 million in outflows — ending an 80-week streak of consistent positive inflows. Analysts suggest this may signal shifting investor priorities or a pause in confidence surrounding Ripple’s market position.
Forecasts Suggest Strong Foundation for Bitcoin Rally
Recent analysis from CoinDesk highlighted six key metrics — including hash rate growth, ETF participation, and on-chain activity — supporting a bullish long-term outlook for Bitcoin. Meanwhile, economists at Standard Chartered reiterated their prediction that BTC could reach $120,000 by the end of Q2, citing macroeconomic tailwinds and favorable regulatory developments.
The persistent inflow trend signals growing institutional conviction in the crypto asset class. With AUM approaching historic highs and crypto market sentiment strengthening, forecasts increasingly point to a sustained upward trajectory for digital assets throughout the second half of 2025.