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$1.4 Billion Pours Into Crypto — What’s Driving The Surge?
April 21, 2026
Posted 2 hours ago by
The Crypto Fear Greed Index climbed above 29 on Monday for the first time since January 29, pulling out of “extreme fear” and settling into plain “fear.” It is a small move on a scale, but in crypto markets, it signals a shift in mood that money tends to follow. Related Reading: XRP A Strong Buy Before 2027 Despite 27 Drop In 2026: Finance Advisory Firm Funds Flow Back In Crypto investment products drew 1.4 billion in fresh inflows last week, according to data from CoinShares — the second-largest weekly figure recorded since January.
The gain built on the prior week’s 1.1 billion, stretching the inflow run to three straight weeks and 2.7 billion combined. Total assets under management across crypto exchange-traded products rose close to 155 billion, the highest mark since early February. Just weeks earlier, in March, that figure had fallen as low as 128 billion. CoinShares head of research James Butterfill pointed to a recovering appetite for risk, tied largely to ongoing US-Iran ceasefire talks. Bitcoin’s price added to the mood, briefly pushing toward 78,000 on Friday before pulling back. Bitcoin And Ether Lead, Altcoins Get Left Behind Bitcoin products captured the bulk of the action. Data shows inflows into Bitcoin ETPs reached 1.12 billion for the week, pushing year-to-date totals to 3 billion, with assets under management sitting at 123 billion. US spot Bitcoin ETFs alone accounted for roughly 1 billion of that weekly total. Ether had its strongest week since January, pulling in 328 million. That was enough to flip Ether ETPs into positive territory for the year, with year-to-date inflows now sitting at 197 million. Not everything moved in the same direction. XRP products bled 56 million in outflows, the largest among altcoins. Solana recorded smaller but still negative flows of 2.3 million. Short-Bitcoin products took in just 1.4 million, suggesting only a thin slice of investors are still betting against the market. Inflation Data Gets Brushed Aside Geographically, the US drove most of the action — 1.5 billion in inflows. Germany came in second at 28 million. Switzerland ran the other way, posting 138 million in outflows. Related Reading: Strategy Raises 1.76B War Chest As Saylor Signals Bigger Bitcoin Buy March CPI came in at 3.3 year over year, with core inflation at 2.6. Based on reports from CoinShares, markets largely looked past the headline number, treating core inflation as contained and supply-driven rather than broad-based. Featured image from Meta, chart from TradingView
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