Digital asset investment products recorded $921 million in inflows last week, marking a strong rebound in investor sentiment as markets priced in a higher probability of further U.S. rate cuts following softer September CPI data.
According to CoinShares’ latest report, the U.S. dominated with $843 million in inflows, while Germany also posted a strong $502 million, one of its largest on record. In contrast, Switzerland saw $359 million in outflows, though these were attributed mainly to asset transfers rather than selling pressure.
Global trading volumes across exchange-traded products (ETPs) remained high, reaching $39 billion, well above the 2025 weekly average of $28 billion.
Bitcoin once again led the market, drawing $931 million in inflows, reinforcing its dominance amid expectations of monetary easing. This brings Bitcoin’s year-to-date (YTD) inflows to $30.2 billion, still trailing last year’s $41.6 billion but signaling renewed institutional appetite since the start of rate cuts.
Meanwhile, Ethereum saw $168.7 million in outflows, its first in five weeks, as investors took profits ahead of upcoming ETF developments. Solana and XRP posted more moderate flows, $29.4 million and $84.3 million, respectively, showing cooling momentum after months of strong accumulation.
Regionally, Germany and the U.S. are driving the recovery in crypto inflows, suggesting that institutional investors are positioning early for a potential Q4 liquidity boost if central banks pivot to easing. With Bitcoin now consolidating near record highs, analysts view these inflows as a sign of growing confidence in the next phase of the bull cycle.
