Approval of 401(k) Leads to $572 Million Inflow, ETH and BTC Experience Strong Rebound
According to CoinShares weekly report, driven mainly by the approval of the U.S. 401(k) retirement plan to invest in cryptocurrency assets, global digital asset investment products saw a net inflow of $572 million last week.
Although there was a $1 billion outflow at the beginning of last week due to weak employment data, the approval of the new 401(k) policy led to a rebound in inflows in the latter half to $1.57 billion, boosting the overall net inflow of funds.
In terms of specific asset performance, Ethereum ETPs led with an inflow of nearly $270 million, pushing the year-to-date (YTD) cumulative inflow to a record $8.227 billion and raising its total assets under management (AUM) to a historic high of $31.9 billion, with a growth rate of 82% so far in 2025.
Meanwhile, Bitcoin resumed its growth momentum after two weeks of outflows, with an inflow of $265 million last week, pushing the YTD cumulative inflow to a record $20.533 billion.
Additionally, Solana, XRP, and Cardano recorded net inflows of $21.8 million, $18.4 million, and $15 million, respectively.
From a country/region perspective, the net inflow amount for last week remained dominant, with the U.S. and Canada recording inflows of $608 million and $16.5 million, respectively, indicating strong demand in the North American market. However, the European market maintained a bearish trend, with Germany, Sweden, and Switzerland collectively seeing an outflow of $48.9 million.
At the same time, possibly due to the relatively calm market performance during the summer months, the trading volume of digital asset ETPs decreased by 23% compared to the previous month.
It is noteworthy that the market prices of BTC and ETH spot also experienced varying degrees of increase from weekend to Monday. According to Coingecko data, Bitcoin rose 2.7% in the last 24 hours, currently priced at $12,218; Ethereum rose 1.2%, currently priced at $4,255.
In summary, although there was an outflow of funds at the beginning of last week due to weak macroeconomic data, the approval of the 401(k) retirement plan to invest in cryptocurrency assets directly injected confidence into the market and drove the net inflow of global digital asset investment products last week.
This trend not only reflects the accelerated integration of the crypto market with traditional finance but also indicates that under the support of favorable policies, digital assets are gradually becoming an important component of institutional allocation.
