CoinShares reports $2B in crypto ETP inflows as AI revenue for Bitcoin miners could hit 70%

CoinShares reported approximately $2 billion of net inflows into crypto exchange-traded products last week, indicating renewed investor demand for crypto exposure. In the same analysis, CoinShares projected that under plausible scenarios Bitcoin miners could derive up to 70% of their revenue from AI-related computing workloads rather than block rewards and fees. If realized, this would materially reshape mining economics by diversifying revenue streams, altering capital allocation toward compute-optimized infrastructure, and increasing competition for energy and data-center resources, with potential implications for hash-rate dynamics and centralization risk.