Last week, digital asset strategies experienced a remarkable inflow of $3.4 billion, marking the largest influx since mid-December 2024 and the third-largest on record.

Bitcoin was the primary beneficiary of these inflows, attracting $3.18 billion during the same week, with Bitcoin exchange-traded funds (ETFs) accounting for the majority.

Specifically, Bitcoin ETFs alone brought in $3.06 billion, representing the second-largest week ever recorded for these investment vehicles.

This surge in cryptocurrency investment comes as U.S. investors increasingly view cryptocurrencies as a safe-haven asset amid instability in the dollar and ongoing market volatility.

CoinShares noted that U.S. trade and tariff policies have weakened the dollar, prompting a shift towards crypto assets as a protective measure.

In mid-April 2025, the volatility surrounding U.S. tariffs and economic concerns led to a notable increase in investor interest in cryptocurrencies.

This recent surge follows a challenging period for Bitcoin funds, which saw outflows exceeding $4.3 billion in February and March 2025, indicating a significant shift in investor sentiment.

In addition to Bitcoin, Ethereum products also saw a reversal in trends, pulling in $183 million, including $104.16 million from U.S. spot ETH ETFs.

Other cryptocurrencies like Sui (SUI) and Ripple (XRP) experienced inflows of $20.7 million and $31.6 million, respectively, while blockchain equities received modest inflows of $17.4 million.

U.S. investors contributed approximately $3.3 billion to these recent crypto inflows, highlighting a robust domestic interest in the market.

CoinShares offers two ETFs focused on the bitcoin ecosystem: the CoinShares Valkyrie Bitcoin Fund (BRRR) and the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), catering to diverse investor interests.

James Butterfill, head of research at CoinShares, attributed the shift in investor behavior to fears regarding corporate earnings linked to tariffs and the weakening U.S. dollar.