XRP Leads Crypto Funds With $224M Rebound Inflows, Largest Weekly Inflows Since December

Global crypto investment products rebounded from a late-March sentiment downturn, with XRP-focused funds and European investors driving activity while Bitcoin and US markets showed more mixed signals.

Weekly flows recover, but momentum fades

According to the latest CoinShares report, global crypto funds recorded $224 million in inflows last week, a modest recovery from late March when investors pulled $414 million from the products amid concerns over escalating tensions in the Iran conflict and expectations for higher inflation.

CoinShares Head of Research James Butterfill said that although sentiment improved, momentum reversed at the end of the week due to stronger macro data and hawkish expectations, resulting in minor outflows.

“Stronger-than-expected retail sales data later in the week, alongside increasingly hawkish investor expectations and mixed geopolitical signals, led to minor outflows in the latter half of the week,” he wrote.

Europe leads; Switzerland tops inflows

Switzerland led crypto fund activity last week, bringing $151.5 million into the sector. Germany followed with $27.7 million in inflows, while the US ranked third with $27.5 million. Canada saw $11.2 million.

XRP products see biggest inflows

Funds based on XRP—the fifth-largest cryptocurrency by market capitalization—recorded the largest inflows of any asset. CoinShares data showed $119.6 million in inflows for XRP products, its largest positive net flows since mid-December.

This brought XRP products’ year-to-date (YTD) inflows to $159 million, about 7% of the category’s Assets under Management (AuM). CoinShares also noted that US-listed XRP exchange-traded funds (ETFs) registered their first red month since their November launch, with $31.1 million in outflows.

Despite the March setback, US XRP ETFs recorded positive net flows of $42.52 million in the first quarter of 2026, only behind Solana funds.

Bitcoin mixed; Ethereum underperforms

Global Bitcoin funds followed XRP with total inflows of $107.3 million during the week, CoinShares said, adding that it “improv[ed] on what has been a bad start to the month,” while net outflows remained at US$145 million for the month so far.

Short Bitcoin investment products saw $16 million in inflows during the period—their largest performance since mid-November—signaling more polarized positioning.

Even with muted US activity last week, US Bitcoin ETFs began the week with their largest single-day performance in over a month. SoSoValue data cited by the report showed the category generated $471.3 million in positive net flows on Monday, its highest inflows since February 25.

NewsBTC reported that US Bitcoin funds ended the first quarter of 2026 by breaking a four-month negative streak, pulling in $1.32 billion in March, its first monthly gain of 2026.

Solana continues to attract inflows

After XRP and Bitcoin, Solana funds also saw inflows totaling $34.9 million last week. CoinShares said the category’s steady inflows this year represent 10% of AuM.

In the US, Solana products ended March on a positive note, leading altcoin funds with inflows of $45.44 million in the monthly timeframe and $213.1 million in the quarterly timeframe.

Ethereum sees continued outflows

Ethereum, however, lagged other major crypto assets. CoinShares reported that Ethereum products saw $52.8 million in outflows last week, extending their negative streak as investors digested recent negative developments.