Investor interest in digital asset investment products demonstrated continued robustness during the final week of May 2025, with inflows reaching $286 million. This latest surge contributes to an impressive cumulative total of over $10.9 billion directed into these vehicles over the preceding seven weeks, indicating sustained confidence in the digital asset space.
Asset-Specific Performance
While overall sentiment remained positive, a closer look at individual assets reveals divergent trends. Ethereum-based products led the weekly performance, attracting a substantial $321 million in inflows, marking its strongest showing since December 2024. This highlights growing investor appetite for the second-largest cryptocurrency.
Conversely, Bitcoin-focused products experienced a modest outflow of $8 million, representing the first time in six weeks that capital has exited the flagship cryptocurrency’s investment vehicles. XRP also continued to see outflows for the second consecutive week, totaling $28.2 million. These shifts suggest a rotation of capital within the crypto market, possibly favoring alternative digital assets like Ethereum.
Assets Under Management and Market Volatility
Despite the healthy inflow figures, the total value of assets under management (AUM) within these investment products witnessed a decline. AUM dropped from a peak of $187 billion to $177 billion. Analysts attribute this decrease to price depreciation across digital assets amidst heightened market volatility. This volatility is largely influenced by ongoing uncertainties surrounding potential American tariff policies, which can impact broader financial markets and, by extension, the digital asset sector.
Geographical Distribution of Inflows
The United States remained the primary destination for capital, drawing $199 million in inflows. However, other global regions also showed significant activity, underscoring the international appeal of digital asset investments.
| Region | Weekly Inflow |
|---|---|
| United States | $199 million |
| Germany | $42.9 million |
| Australia | $21.5 million |
| Hong Kong | $54.8 million |
Notably, Hong Kong recorded a new high, with $54.8 million in inflows, marking its best performance since the launch of exchange-traded products in the region over a year ago. This signifies increasing maturation and investor adoption in Asian markets.
Broader ETF Context
Looking at the wider landscape of digital asset ETFs in May 2025, spot Bitcoin ETFs registered a substantial net daily capital inflow of $5.23 billion, while Ethereum ETFs saw $564.2 million in daily inflows. These figures provide additional context to the weekly investment product trends, highlighting continued robust demand for regulated digital asset exposure through exchange-traded funds.
Blockchain developer and writer, Daniel combines hands-on coding experience with accessible storytelling. He holds multiple blockchain certifications and authors technical explainers, protocol deep-dives, and developer tutorials to help readers navigate the intersection of code and finance.