Crypto Funds Hit ₱246.22 billion ($4 billion) in 5-Week Inflow Streak

Digital asset funds pulled in ₱7.26 billion ($118 million) last week, marking the fifth consecutive week of inflows and pushing total assets under management to ₱9.54 trillion ($155 billion).

The five-week streak has now delivered $4 billion in fresh capital, surpassing the previous high of $3 billion set in March. Bitcoin products absorbed $192 million of last week's flows, though that's a sharp drop from the $1 billion average recorded during the prior three weeks.

Bitcoin crossed $80,000 on Monday for the first time in over three months. That same day, US spot Bitcoin ETFs pulled in $532 million, with BlackRock's IBIT accounting for $335 million and Fidelity's FBTC adding $184 million. The surge followed a Friday session the previous week that delivered $737 million in a single day, reversing $620 million in outflows from Monday through Thursday.

CoinShares Head of Research James Butterfill said Friday's haul reflected a sharp improvement in risk appetite. Ethereum products bled $81 million last week, a reversal from the $190 million weekly average during its own three-week inflow streak. Only four assets attracted fresh money last week, down from nine the week before.

Regional flows shifted dramatically. The US posted $48 million in inflows, down from $1.1 billion the prior week. Germany added $43.8 million while Canada contributed $16 million. Short-Bitcoin products also saw $6 million in inflows, suggesting some traders are hedging despite the broader bullish trend.

Bitcoin products have now logged $4.2 billion in year-to-date flows, while Ethereum's weekly outflows continue despite the five-week positive streak for the broader market.