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Crypto Asset Flows Bounced Back Last Week, Ending Record $4.5B Quarterly Haul
Inflows to crypto funds jumped from a five-month low of $21 million the prior week.
Updated Mar 6, 2023, 3:42 p.m. Published Apr 6, 2021, 8:08 p.m.
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Investment flows into cryptocurrency funds jumped fivefold last week to $106 million, rebounding from a five-month low, according to a new report from the digital-asset manager CoinShares.
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The prior week had seen the fund flows dry up to about $21 million, the lowest since October, as sideways trading action in bitcoin (BTC) and other digital-asset markets failed to inspire buyers.
The latest week's tally wrapped up a record quarter for crypto fund flows, at $4.5 billion, some 11% higher than in the final quarter of 2020, according to CoinShares.
That pace represented a slowdown from the prior quarter's growth of 240%, potentially indicating waning interest or indecision among digital asset investors – or maybe just the difficulty of increasing off a bigger base. CoinShares cautioned against drawing conclusions.
- “It is not indicative of a slowing trend, as quarterly growth rates tend to be highly varied,” wrote CoinShares.
- Bitcoin products garnered the majority of last week's inflows, around $83 million, versus about $20 million for Ethereum products.
- “Assets under management (AUM) for both active and passive digital asset investment products are now at an all-time high of $59 billion.”
- Active investment managers (strategies that adjust portfolio weightings based on market conditions rather than following an index) make up a decreasing amount of total AUM, to 1.5% of total AUM during the first quarter versus 3.6% in Q4 2020.
- That shift might reflect increasing demand for "passive" investment vehicles like trusts and exchange-traded funds, which aren't yet approved for trading in the U.S. but have garnered substantial interest in other countries, including Canada.
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What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
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- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Silver perps have more volume on Hyperliquid than SOL or XRP.
What to know:
- Silver futures on the Hyperliquid crypto derivatives exchange have surged to become one of its most active markets, ranking just behind bitcoin and ether in trading volume.
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