Crypto funds continued to attract strong demand last week, with total inflows reaching $1.2 billion — the fourth consecutive week of gains, according to CoinShares data.

Total assets under management across digital asset investment products rose to $155 billion, marking the highest level since February 1, though still well below the $263 billion peak seen in October 2025. The rebound reflects a steady return of institutional capital even as broader market conditions remain mixed.

Bitcoin led inflows with $933 million, bringing its year-to-date total to $4 billion. Ether also maintained steady momentum, attracting $192 million and recording its third straight week of inflows above $190 million.

Beyond spot crypto funds, blockchain equity ETFs have also seen rising demand. These products provide exposure to companies tied to crypto infrastructure, including miners, exchanges, and semiconductor firms. Inflows reached $617 million over the past three weeks, including a record weekly haul. CoinShares analyst James Butterfill described the trend as a sharp increase in demand for indirect exposure to the digital asset ecosystem.

The data suggests a growing preference among investors who are either unable or unwilling to hold spot crypto directly, instead allocating to equity-linked instruments tied to the sector.

Bitcoin price action has mirrored this institutional backdrop. BTC briefly touched $79,399 — its highest level since January 31 — before retreating to $77,705. The $80,000 level remains a key technical threshold, where many earlier buyers are now near breakeven, potentially creating overhead selling pressure.

Market focus now turns to whether sustained inflows can absorb supply at these levels or whether repeated rejections near $79,000 will establish a consolidation range rather than drive a breakout.

Attention is also on a heavy week of U.S. earnings, with Alphabet, Microsoft, Amazon, Meta, and Apple all reporting. Together, these companies represent a significant portion of the S&P 500, making their results critical for broader risk sentiment that has recently supported both equities and crypto markets.

Stronger earnings could extend the current streak of crypto inflows and support a breakout above $80,000 for bitcoin. Weak results, however, may dampen risk appetite and trigger downside pressure across digital assets.