Digital asset investment products have entered 2026 with strong momentum, signaling a continued rotation in investor behavior away from Bitcoin and toward select altcoins.
According to the latest CoinShares data, global crypto fund inflows in 2025 reached $47.2 billion, narrowly missing the 2024 record of $48.7 billion, and set the stage for early-year market activity.
Global Crypto Fund Inflows Close 2025 Near Record Levels
The latest CoinShares report shows the new year began on a strong note, with $671 million in inflows recorded on Friday, January 2, 2026. This lifted total weekly inflows to $582 million despite midweek outflows.
While the US remained the largest source of investment, Germany and Canada reversed prior outflows, with inflows of $2.5 billion and $1.1 billion, respectively. This reflects widening global adoption. Switzerland also recorded modest growth, with $775 million in inflows, representing an 11.5% year-over-year increase.
More interestingly, altcoins continue to dominate investor attention. Ethereum led the gains, drawing $12.7 billion in inflows last year, up 138% YoY. XRP surged 500% to $3.7 billion, while Solana skyrocketed 1,000% to $3.6 billion.
Crypto Fund Flows Last Week. Source: CoinShares Report
By contrast, the rest of the altcoin market saw inflows decline 30% YoY, highlighting concentrated investor interest in top-performing tokens.
Even meme coins, which had languished since November 2024, are showing early signs of a comeback. CryptoQuant analysts highlight renewed gains for select high-cap coins, a potential signal for speculative investors.
Bitcoin Flows Lag as Price Action Masks Investor Caution
Meanwhile, Bitcoin flows lagged behind, dropping 35% YoY to $26.9 billion. Short-Bitcoin investment products remain niche, with total assets under management of just $105 million.
Despite this, Bitcoin prices have rebounded sharply, climbing from $89,000 to $93,300 over the weekend following leveraged short liquidations and geopolitical developments, including US strikes on Venezuela. Analysts note that while Bitcoin is up 6% YTD, weekend surges have historically been erased on Monday trading, raising questions about whether early 2026 momentum can be sustained.
Market sentiment remains cautiously optimistic. On-chain data suggests one of the largest whale accumulation phases in over a decade, while momentum indicators for Bitcoin and Ethereum are rebounding from deeply oversold levels.
Ethereum, in particular, is showing strong technical structure, with traders targeting $3,250 as an initial objective before potentially reaching the December 11 high of $3,450.
Ethereum (ETH) Price Performance. Source: BeInCrypto
The start of 2026 highlights a market in transition. Investors appear to be shifting capital toward select altcoins and high-conviction opportunities, while remaining cautious with Bitcoin.
The combination of early-year inflows, concentrated altcoin demand, and cautious price action suggests that the first weeks of 2026 could define investor positioning for the months ahead.
As digital asset flows continue to shift, the market will be watching to see whether Bitcoin can reclaim its dominance or if altcoins will lead the charge in shaping the year’s crypto narrative.
