CoinShares: Global crypto ETP net inflow of $117.8 million last week, five consecutive weeks of net inflow On May 5th, according to The Block, CoinShares data showed that global cryptocurrency investment products managed by asset management companies such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded a net inflow of $117.8 million last week, marking the fifth consecutive week of net inflow. The cumulative net inflow for the five weeks exceeded $4 billion, but this week's inflow was the lowest in the cycle. As of Friday, the total management scale was $155 billion, basically unchanged from the previous period. James Butterfill, research director at CoinShares, pointed out in the report that weekly data masks significant shifts within the week. From Monday to Thursday, there was a cumulative net outflow of 619 million US dollars for four consecutive days, and on Friday, there was a single day net inflow of 737 million US dollars, reversing the week's performance. Butterfill stated that Friday's data was one of the largest daily net inflows in 2026, reflecting a significant improvement in risk appetite. Divided by region, the net inflow of digital asset investment products in the United States last week was only $47.5 million, a significant slowdown from the previous week's $1.1 billion. The net inflow of German cryptocurrency funds was $43.8 million, and the net inflow of Canadian products was $16 million. By asset category, Bitcoin funds once again led with a net inflow of $192.1 million, with a cumulative net inflow of $4.2 billion since the beginning of the year. Short selling Bitcoin products also recorded a net inflow of $6 million. Among them, the US spot Bitcoin ETF alone contributed a net inflow of $162.8 million, while the BlackRock IBIT net inflow was $136.6 million. Ethereum products recorded a net outflow of $81.6 million. Butterfill stated that the reduction in the number of assets involved in net inflows from 9 in the previous week to 4 is the most obvious signal of weakened market sentiment during the week and a recovery on Friday.