Digital asset investment products attracted $1.06 billion in net inflows last week, according to CoinShares - the third consecutive week of positive flows as geopolitical uncertainty tied to the Iran conflict continued to drive institutional interest in Bitcoin (BTC).
The run follows a five-week, $4 billion outflow streak that ended March 2.
Bitcoin captured $793 million of last week's total, roughly 75% of all inflows. Ethereum (ETH) drew $315 million, partly supported by the March 12 U.S. launch of BlackRock's iShares Staked Ethereum Trust (ETHB), which generated $15.5 million in first-day trading volume.
XRP recorded $76 million in outflows - its second consecutive weekly withdrawal.
U.S. Dominance
U.S.-listed products accounted for 96% of global inflows, reinforcing the country's position as the primary institutional gateway to digital assets through spot ETF structures.
Canada and Switzerland followed with $19.4 million and $10.4 million, respectively.
Hong Kong posted $23.1 million - its largest weekly total since August 2025.
Germany, by contrast, saw $17.1 million in outflows, its first weekly withdrawals of 2026.
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Macro Driver
CoinShares head of research James Butterfill attributed the sustained demand to the geopolitical backdrop. Since the start of the Iran crisis, total assets under management in digital asset exchange-traded products have climbed 9.4% to $140 billion, the report said.
"Significant geopolitical disruption has reinforced digital assets, particularly Bitcoin, as a relative safe haven compared with other asset classes," Butterfill wrote.
Short-Bitcoin products attracted $8.1 million in inflows, indicating that investor sentiment is not uniformly bullish on the asset's near-term direction.
Bitcoin was trading around $72,400 at time of writing, down roughly 43% from its October 2025 all-time high of $126,210. Ethereum was changing hands near $2,180, approximately 56% below its August 2025 peak of $4,946.
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