Cryptocurrency investment products saw their highest ever inflows last week, driven by concerns over the US government shutdown that sparked a surge in investor interest in the spot crypto market.
According to a report by digital asset investment firm CoinShares, global crypto exchange-traded products (ETPs) saw inflows of $5.95 billion for the week ending Friday, the largest ever on record.
CoinShares head of research James Butterfill explained that the extraordinary increase was due to a combination of several key factors, including a delayed reaction to the Federal Open Market Committee (FOMC) interest rate cut, weak US jobs data and concerns about government stability due to the shutdown.
The surge in inflows coincided with a major rally in the crypto market, with Bitcoin (BTC) surging to a new high above $126,000 on Monday, signaling stronger market momentum.
With total inflows of $5.95 billion, crypto ETP funds are up 35% from their previous record of $4.4 billion set in mid-July.
Unlike previous records that were almost evenly split between Bitcoin and Ether (ETH), this year’s inflows were dominated by Bitcoin, which attracted $3.6 billion, breaking the previous record.
The historic inflow record comes amid a temporary shutdown of the US Securities and Exchange Commission (SEC) last week, raising concerns about a possible delay in the approval of a Bitcoin exchange-traded fund (ETF) expected to be announced in October.
The development shows that despite policy and regulatory uncertainty, demand for digital assets continues to grow, making crypto one of the most active investment classes in 2025.
