Last week, global cryptocurrency exchange-traded products (ETPs) recorded inflows of $1.1 billion, marking the strongest weekly performance since January 2026 and the second-largest of the year. Bitcoin led the charge with $871 million in inflows, bringing its year-to-date total to $1.9 billion, which constitutes approximately 83% of all crypto ETP inflows in 2026. Ethereum ETPs also saw a resurgence with $196.5 million in inflows after three weeks of consecutive outflows, although it remains in negative territory with $130 million in cumulative outflows for the year.

The significant inflows are attributed to a combination of factors, including geopolitical easing in Iran and softer-than-expected US inflation data, which have bolstered risk appetite among institutional investors. The US markets were the primary contributors, accounting for $1 billion, or 95%, of the total inflows, with US spot Bitcoin ETFs alone attracting $786.3 million. Germany, Canada, and Switzerland followed as smaller contributors. Notably, short-Bitcoin products also experienced inflows of $20 million, indicating a divergence in institutional sentiment regarding Bitcoin's near-term direction.