CoinShares: Bitcoin remains the main beneficiary of inflows into crypto funds

GateUser-f090498e · 2025-05-07T08:44:18+00:00

Positive capital inflows into cryptocurrency funds have been increasing for the third consecutive week, reaching $5.5 billion. Total assets under management in crypto funds have grown to $156 billion. Analysts expect this trend to continue based on trading relationships and tariff negotiations. Fidelity analysts suggest Bitcoin has shifted from "hope and denial" to "optimism and fear" based on the NUPL indicator.

GateUser-f090498e

2025-05-07 08:44:18

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The positive trend of capital inflows into cryptocurrency funds has been maintained for the third consecutive week. Total inflows during this period reached $5.5 billion.

During the week, exchange-traded funds (ETF) ether and Solana received $149 million and $6 million, respectively, and XRP and Tezos-based products received $10.5 million and $8.2 million.

According to analysts, the positive trend of capital inflow into exchange-traded crypto funds may continue. The situation in the market will depend on how trade relations between the US and other countries develop further, and whether an agreement can be reached on the cancellation or reduction of tariffs.

Earlier, analysts from Fidelity’s virtual assets division stated that the Net Unrealized Profit and Loss indicator (NUPL) shows that Bitcoin has moved from the “belief and denial” zone to the “optimism and anxiety” zone.

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