flows

According to Coinshares data, digital asset investment products saw a net inflow of $857.9 million last week, marking the sixth consecutive week of positive inflows.Driven by favorable factors such as the CLARITY Act's stablecoin yield compromise, Bitcoin broke through $80,000 mid-week, and total assets under management (AuM) rose to $160 billion. In terms of asset performance, Bitcoin led with an inflow of $706.1 million. The participation of altcoins significantly expanded, with Ethereum, Solana, and XRP seeing inflows of $77.1 million, $47.6 million, and $39.6 million, respectively.

According to SoSoValue data, last week the net inflow for Bitcoin spot ETFs was $623 million.The Bitcoin spot ETF with the highest net inflow last week was the BlackRock ETF IBIT, with a weekly net inflow of $596 million, bringing the total historical net inflow for IBIT to $66.1 billion.Following that was the Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.09 million, and the total historical net inflow for ARKB currently stands at $1.71 billion. The Bitcoin spot ETF with the highest net outflow last week was the Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $62.28 million, and the total historical net outflow for GBTC has reached $26.35 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $106.61 billion, with an ETF net asset ratio of 6.67%, and the historical cumulative net inflow has reached $59.34 billion.

According to Cointelegraph, the U.S. spot Bitcoin ETF has recorded six consecutive weeks of net inflows, marking the longest consecutive record since August 2025. This round of inflows has continued from the week of April 2 to this Friday, totaling $3.4 billion. The week of April 17 saw the strongest inflow at $996 million, while the most recent week had an inflow of $623 million, and the week of April 2 had the lowest inflow of only $22.34 million.The last longer consecutive record was a seven-week continuous inflow from June 13 to July 18, 2025, totaling approximately $7.57 billion. Notably, there was a pullback in the latter half of this week, with outflows of $278 million and $146 million on Thursday and Friday, respectively, after strong inflows of $532 million and $467 million on Monday and Tuesday. Regarding Ethereum ETFs, as of the week of May 8, there was a return to net inflows of $70.49 million, reversing the previous week's net outflow of $82.47 million.

Bitcoin fell below the $80,000 mark this week, following a five-day streak of net inflows into spot ETFs, as the market's rebound momentum from February's lows showed signs of cooling. The U.S. April non-farm payroll data added 115,000 jobs, exceeding the expected 62,000, while the unemployment rate remained at 4.3%. Although the overall data was relatively strong, it did not significantly alleviate market concerns about macroeconomic uncertainty; instead, it reinforced expectations that "energy-driven inflation limits the space for interest rate cuts."In terms of capital flow, the spot Bitcoin ETF saw a net outflow of $277 million on Thursday, ending a previous cumulative inflow of $1.69 billion; the Ethereum ETF also recorded a net outflow of $104 million on the same day, indicating a short-term cooling of institutional risk appetite. On the geopolitical front, tensions between Iran and the U.S. have escalated again, prompting the market to reprice the risks in the Strait of Hormuz, leading to a rebound in oil prices, which partially offset the support that previous risk assets received from the decline in oil prices.The derivatives market shows a more long-term hawkish outlook, with interest rate futures pricing in over a 50% probability of rate hikes beyond 2027, suggesting that the easing cycle may be delayed until 2028. On-chain data indicates that the current rise in Bitcoin is primarily driven by institutional spot buying and short covering, with retail participation remaining relatively low, and funding rates maintaining a moderate level, resulting in a weak market momentum structure. Analysts believe that if retail funds do not return, BTC may still face the risk of testing the support range of $75,000 to $78,000.

According to SoSoValue data, yesterday (Eastern Time May 7), the total net outflow of Ethereum spot ETFs was $104 million.The Ethereum spot ETF with the highest net outflow yesterday was Fidelity ETF FETH, with a net outflow of $62.625 million for the day, and the historical total net inflow for FETH has reached $2.257 billion.The second was Blackrock ETF ETHA, with a net outflow of $26.3107 million for the day, and the historical total net inflow for ETHA has reached $9,160.00.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.595 billion, and the ETF net asset ratio (the market value compared to the total market value of Ethereum) is 4.94%, with a historical cumulative net inflow of $12.083 billion.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:HANTA (2tXp....s9y): Net inflow of $50,000, with a 24-hour increase of 398.9%, currently priced at $0.0073.COMPUTA (FWRK....ump): Net inflow of $962, with a 24-hour increase of 6.3%, currently priced at $0.0002.CHONKERS (GvFd....1Di): Net inflow of $547, with a 24-hour increase of 85.4%, currently priced at $0.0001.GREG (77Y5....ump): Net inflow of $294, with a 24-hour increase of 266.1%, currently priced at $0.0001.Grok (Bwtt....ump): Net inflow of $284, with a 24-hour increase of 78.7%, currently priced at $0.0001.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances over the past 7 days, Bybit had the largest decrease among the top 10 exchanges, at 1.85%, followed by Bitfinex with a decrease of 0.51%; Bithumb had the largest increase, reaching 1.39%.In terms of reserve assets, over the past 7 days, the top three net outflows were HTX (-$656 million), Bybit (-$221 million), and OKX (-$205 million); in terms of net inflows, Binance had the highest inflow, reaching $722 million; followed by Bitget with a net inflow of over $238 million; Bitfinex had a net inflow of $110 million.

Bitwise CEO Hunter Horsley stated at the Consensus 2026 conference: The market declined in the fourth quarter of last year, and the first quarter of this year also saw a drop. However, the inflow of funds from the U.S. wealth management channel reached the highest record for any quarter in the past eight years. In other words, for financial advisors in the wealth channel, the first quarter of this year was their best quarter for investing in these products. Therefore, when the market fell, they chose to buy the dip.

According to The Block, CoinShares released a report showing that last week, global crypto asset ETPs recorded a net inflow of $117.8 million, achieving a fifth consecutive week of net inflows, with a cumulative inflow of over $4 billion in five weeks and a total management scale of approximately $155 billion. However, the funding structure has shown significant differentiation.The report pointed out that from Monday to Thursday, there was a total net outflow of $619 million, but on Friday, a large inflow of $737 million was recorded in a single day, reversing the week to a net inflow, reflecting a significant rebound in market risk appetite before the weekend. From a regional perspective, net inflows in the U.S. market dropped to $47.5 million, a significant slowdown compared to the previous week's $1.1 billion; Germany and Canada recorded inflows of $43.8 million and $16 million, respectively, with European funds performing relatively steadily.In terms of assets, Bitcoin-related products led the way with a weekly inflow of $192.1 million, of which the U.S. spot ETF contributed approximately $162.8 million; Ethereum products, on the other hand, saw a net outflow of $81.6 million. Analysts believe that the number of participating assets has decreased from 9 to 4, indicating that market sentiment weakened significantly in the middle of the week before showing signs of recovery.

According to SoSoValue data, last week's trading days (Eastern Time April 27 to May 1) saw a net outflow of $82.47 million from Ethereum spot ETFs.The Ethereum spot ETF with the highest net outflow last week was Blackrock ETF ETHA, with a weekly net outflow of $71.4491 million, and the historical total net inflow for ETHA currently stands at $11.9 billion. The second was Fidelity ETF FETH, with a weekly net outflow of $50.2560 million, and the historical total net inflow for FETH currently stands at $2.29 billion.The Ethereum spot ETF with the highest net inflow last week was Blackrock ETF ETHB, with a weekly net inflow of $44.4975 million, and the historical total net inflow for ETHB currently stands at $501 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.6 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 4.93%, and the historical cumulative net inflow has reached $12.02 billion.

According to SoSoValue data, the net inflow of Bitcoin spot ETFs during the last trading week (Eastern Time April 27 to May 1) was $154 million.The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $136 million, bringing the total historical net inflow of IBIT to $65.5 billion. The second was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $49.9842 million, and the total historical net inflow of ARKB currently stands at $1.66 billion.The Bitcoin spot ETF with the highest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $73.7115 million, and the total historical net outflow of GBTC has reached $26.29 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $103.78 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.66%, and the historical cumulative net inflow has reached $58.72 billion.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:RJGN (hpvo....ump): Net inflow of $7,000, increased by 251% in the past 24 hours, currently priced at $0.0003.Goblin (3KHM....ump): Net inflow of $4,000, increased by 64.1% in the past 24 hours, currently priced at $0.0038.SIMULATOR (EQvW....ump): Net inflow of $1,000, increased by 96.9% in the past 24 hours, currently priced at $0.0001.POOCOIN (HsN9....AGS): Net inflow of $828, increased by 5.4% in the past 24 hours, currently priced at $0.0001.XPRIZE (2MjD....ump): Net inflow of $824, increased by 582.4% in the past 24 hours, currently priced at $0.0001.

Bitcoin fluctuated around $76,000 on Thursday. After the Federal Reserve kept interest rates unchanged, market focus quickly shifted to internal policy divisions and macro uncertainties. Analysts pointed out that Bitcoin remains suppressed below the key resistance range of $78,000 to $79,000, lacking breakthrough momentum in the short term.Kraken's chief economist Thomas Perfumo stated that the current market is more concerned about the policy uncertainties brought about by the "division" within the Federal Reserve rather than the inaction itself, especially against the backdrop of Chairman Jerome Powell's continued tenure alongside expectations of Kevin Warsh potentially taking over, leading to a lack of clear policy transition. Glassnode data shows that Bitcoin is still "trapped" below the True Market Mean, with resistance concentrated in the $78,000 to $79,000 range and support located between $65,000 and $70,000.Although selling pressure has eased, demand is insufficient to support a sustained upward breakthrough. On the macro level, the Federal Reserve has rarely shown severe divisions, which the market interprets as an increase in uncertainty regarding the inflation path. Institutions such as Bitget Wallet and 21Shares pointed out that expectations of "maintaining high interest rates for a longer term" are suppressing the performance of risk assets, leading the crypto market into a wait-and-see phase.In terms of capital flows, U.S. Bitcoin spot ETFs have recorded net outflows for three consecutive days, with approximately $138 million flowing out on April 29 alone; Ethereum ETFs saw outflows of about $87.7 million during the same period. Although some individual products still have inflows, the overall trend indicates that institutional demand is cooling.Meanwhile, while CME positions and ETF assets under management have stabilized, there has not yet been a strong signal of capital returning. The derivatives market shows that short positions in perpetual contracts have reached historical highs; if sentiment improves, it may trigger a short squeeze, but the current market remains characterized by low volatility and low confidence. Overall, Bitcoin is caught between an improving support structure and weak demand, with continuous ETF outflows, policy uncertainty, and macro risks collectively suppressing its breakthrough of key resistance levels.

According to a report from CoinShares' research department, digital asset investment products recorded a net inflow of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1. Among them, Bitcoin led with an inflow of $933 million, bringing the year-to-date total inflow to $4 billion; Ethereum saw inflows of over $190 million for the third consecutive week; XRP returned to net inflow after a week of outflows.Regionally, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating a broadening demand. Additionally, blockchain stock ETFs have cumulatively attracted $617 million over the past three weeks, setting a record for weekly inflows, reflecting growing interest from institutional investors in this sector. The market is currently focused on the FOMC meeting on April 28-29, which may create some disturbances in short-term sentiment.

CryptoQuant analyst Darkfost posted on the X platform that Binance attracted a total of $6 billion in stablecoin inflows in March and April, with nearly $3.5 billion in net inflows in April, contrasting sharply with the previous net outflow of about $7.6 billion.Despite the escalating tensions between the U.S. and Iran increasing market uncertainty and concerns about rising inflation being unfavorable for risk assets, the trend of stablecoin inflows has clearly shifted. The analyst pointed out that when inflows to major exchanges exceed outflows, it indicates that some parts of the market are beginning to reposition themselves to participate in the gradual recovery over the past two months. If this trend continues, it may provide support for a short-term positive market.

According to SoSoValue data, the net inflow for Bitcoin spot ETFs during the last trading week (Eastern Time from April 20 to April 24) was $824 million.The Bitcoin spot ETF with the highest net inflow last week was BlackRock ETF IBIT, with a weekly net inflow of $733 million, bringing IBIT's historical total net inflow to $65.37 billion. The second was Ark & 21Shares ETF ARKB, with a weekly net inflow of $59.6 million, and ARKB's historical total net inflow currently stands at $1.610 billion.The Bitcoin spot ETF with the highest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $59.01 million, and GBTC's historical total net outflow has reached $26.22 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $102.64 billion, with an ETF net asset ratio (market cap relative to total Bitcoin market cap) of 6.60%, and the historical cumulative net inflow has reached $58.23 billion.

According to SoSoValue data, last week's trading day saw a net inflow of $155 million for Ethereum spot ETFs.The Ethereum spot ETF with the highest net inflow last week was BlackRock ETF ETHA, with a weekly net inflow of $138 million, bringing ETHA's historical total net inflow to $11.97 billion. The second was BlackRock ETF ETHB, with a weekly net inflow of $60.9053 million, and ETHB's historical total net inflow currently stands at $456 million. The Ethereum spot ETF with the highest net outflow last week was Grayscale Ethereum Trust ETHE, with a weekly net outflow of $49.2393 million, and ETHE's historical total net outflow has reached $5.25 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.79 billion, with an ETF net asset ratio of 4.91%, and the historical cumulative net inflow has reached $12 billion.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:AINI (222c....ump): Net inflow of $9,000, with a 24-hour increase of 64180.4%, currently priced at $0.0018.elgatito (3G7U....rrr): Net inflow of $2,000, with a 24-hour increase of 8771%, currently priced at $0.0002.Crustacean (4CTQ....ump): Net inflow of $936, with a 24-hour increase of 1742.8%, currently priced at $0.0001.Billion (4dRD....ump): Net inflow of $602, with a 24-hour increase of 3244.9%, currently priced at $0.0001.AUKT (GptF....ump): Net inflow of $450, with a 24-hour increase of 39.4%, currently priced at $0.0001.

The head of the ETF business at BNY Mellon stated that Bitcoin ETF fund flows have turned into net inflows this year, returning to positive territory overall. Bloomberg data shows that fund flows for all periods of spot Bitcoin ETFs have turned positive for the first time in months.Although there were outflows previously due to low coin prices and macro uncertainties, the scale was relatively limited. As of now, 12 spot Bitcoin ETFs have seen a net inflow of approximately $335 million in a single day, with a monthly cumulative inflow exceeding $2.1 billion, and a year-to-date net inflow of about $1.8 billion. Among them, BlackRock's IBIT is the largest contributor, with an inflow of about $246 million in the past day and a monthly inflow reaching $1.9 billion; meanwhile, Grayscale's GBTC still recorded some outflows.