US crypto funds top $7.5B inflows in 2025 as investor appetite grows

Crypto investment products in the United States experienced robust growth in 2025, attracting over $7.5 billion in investments. This surge is highlighted by a fifth consecutive week of positive net inflows, totaling $785 million last week, according to a May 19 CoinShares report. This follows substantial outflows in February and March, totaling nearly $7 billion.

The United States led inflows with $681 million, followed by Germany ($86.3 million) and Hong Kong ($24.4 million). This upswing in investor demand for risk assets like cryptocurrencies correlates with the White House’s announcement on May 12 of a 90-day pause on additional tariffs, impacting both US and Chinese import tariffs. Interestingly, despite this positive market sentiment, Coinbase witnessed a significant $1 billion Bitcoin withdrawal on May 13, the highest net outflow of 2025, suggesting accelerating institutional activity according to Bitwise’s André Dragosch.

Ethereum (ETH) dominated weekly inflows among crypto investment products, attracting $205 million, bringing its year-to-date total to over $575 million. This surge is attributed to renewed investor optimism following the successful Pectra upgrade and the appointment of Tomasz Stańczak as co-executive director. The Pectra upgrade, launched on May 7, introduced improvements like higher staking limits and account abstraction via EIP-7702. Conversely, Solana (SOL) saw net outflows of $890,000 last week.

Ethereum co-founder Vitalik Buterin’s proposal to enhance censorship resistance and user privacy on the Ethereum network aims to improve accessibility for users running local nodes. This plan significantly reduces the data burden, facilitating broader participation by simplifying the syncing process. The proposal focuses on partially stateless nodes, making Ethereum layer-1 scaling more user-friendly. This initiative underscores the ongoing efforts to bolster the network’s resilience and accessibility.