
Digital asset fund flows | December 8th, 2025
2 min read
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Digital asset ETP inflows at US$716M as sentiment improves
Digital asset ETPs saw US$716M in weekly inflows, lifting total AuM to US$180B, though still well below the US$264B all-time high.
Inflows were broad-based, led by the US (US$483M), Germany (US$96.9M) and Canada (US$80.7M).
Bitcoin attracted US$352M while XRP (US$245M) and Chainlink (US$52.8M, a record inflow representing 54% of AuM) also saw strong demand; short-Bitcoin products recorded significant outflows, hinting at easing negative sentiment.
Digital asset investment products saw a second week of inflows totalling US$716m as sentiment continued to improve. Daily data highlighted minor outflows on Thursday and Friday in what we believe was a response to macroeconomic data in the US alluding to ongoing inflationary pressures. Total assets under management have risen by 7.9% from their November lows to US$180B but remain well below their all-time-high of US$264B.
Encouragingly, almost all regions globally saw inflows, with the most notable being the US, Germany and Canada with inflows of US$483m, US$96.9m and US$80.7M respectively.
Bitcoin was the primary beneficiary, recording inflows of US$352M and bringing year-to-date (YTD) inflows to US$27.1B — well below the US$41.6B recorded in 2024. Short-Bitcoin products saw outflows of US$18.7M, the largest since March 2025. At that time, outflows coincided with a similar price low, suggesting that ETP investors believe the current bout of negative sentiment may now have reached its bottom.
XRP continues to see strong inflows, totalling US$245M last week, bringing YTD inflows to US$3.1B, far eclipsing the US$608M inflows seeing in 2024. Chainlink also saw relatively huge inflows totalling US$52.8M last week, the largest on record, representing over 54% of AuM.

