U.S. Crypto Funds Exceed $7.5B in 2025 Inflows Amid Growing Investor Confidence

Fifth Consecutive Week of Positive Inflows

Cryptocurrency investment products in the United States have seen a significant resurgence in investor demand, with over $7.5 billion in inflows year-to-date (YTD) in 2025. Last week alone, U.S. crypto funds attracted $785 million, marking the fifth straight week of net positive inflows and completing a full recovery from the $7 billion in outflows witnessed earlier this year during February and March.

The U.S. led the charge, pulling in $681 million in fresh capital, followed by Germany ($86.3 million) and Hong Kong ($24.4 million). Analysts attribute the broader recovery to a return in risk appetite among investors, partly triggered by geopolitical and macroeconomic developments.

Weekly crypto asset flows, USD, million. Source: CoinShares

Tariff Pause Boosts Investor Sentiment

One of the major catalysts behind the renewed interest was the White House’s 90-day suspension of additional import tariffs, announced on May 12. The move, which lowered tariffs for both U.S. and Chinese goods by 24%, spurred investor optimism and a rally in risk-on assets, including cryptocurrencies.

The announcement coincided with a massive Bitcoin outflow from Coinbase, where over 9,700 BTC (worth more than $1 billion) were withdrawn in a single day—marking the largest net outflow from the platform in 2025. This spike in activity is seen as a strong signal of accelerating institutional demand, according to market analysts.

Ethereum Leads Inflows With Renewed Optimism

Among digital assets, Ethereum (ETH) emerged as the top performer, bringing in $205 million in weekly inflows, lifting its total inflows for 2025 to over $575 million. The boost in investor confidence came after the successful deployment of the Pectra upgrade on May 7, which introduced a range of improvements, including higher staking limits and account abstraction via EIP-7702.

Crypto flows by country. Source: CoinShares

Investor sentiment was further supported by internal leadership changes, with the appointment of Tomasz Stańczak as Ethereum’s new co-executive director, signaling stronger governance and development momentum within the Ethereum ecosystem.

Solana Sees Modest Outflows Amid Bullish Trend

While most major crypto investment products posted inflows, Solana (SOL) saw a rare reversal, with $890,000 in net outflows over the past week. Despite the broader market rally, some investors may be taking profits or reallocating capital in the wake of Ethereum’s growing dominance in the DeFi and L2 space.

Decentralization and Scaling Take Center Stage

Ethereum co-founder Vitalik Buterin also weighed in on the future of the network, proposing a model for partially stateless nodes aimed at enhancing decentralization and censorship resistance. The plan would reduce the current 1.3 terabyte data burden on full nodes by allowing users to sync only relevant data—making it more feasible for everyday users to run their own nodes and strengthening the Ethereum base layer.

Outlook: Momentum Shifts Toward Crypto Resilience

The resurgence in inflows and development activity paints a bullish picture for digital assets in 2025. As regulatory clarity improves and macroeconomic headwinds ease, institutional participation is accelerating, with Ethereum and Bitcoin at the forefront.

With U.S. funds back in strong accumulation mode, and Ethereum upgrades fostering a more decentralized and scalable ecosystem, the crypto market appears well-positioned for sustained growth in the months ahead.