Crypto ETP Inflows Hit $1.4B on Bitcoin Breakout Optimism

Last week, crypto exchange-traded products (ETPs) recorded $1.4 billion in weekly inflows, their second-largest inflow total since January.

Crypto

Year-to-date inflows have now reached $3.8 billion. Bitcoin products led with $1.12 billion in inflows, including $1 billion from US spot Bitcoin ETFs, while Ethereum products added $328 million. The United States accounted for the largest regional inflows at $1.5 billion.

Crypto ETPs Post $1.4B Weekly Inflows

Cryptocurrency investment products continued their strong recovery last week as improving geopolitical sentiment and rising Bitcoin prices boosted investor confidence. According to CoinShares, crypto exchange-traded products (ETPs) recorded $1.4 billion in inflows over the past week, surpassing the previous week’s $1.1 billion. This was the second-largest weekly inflow total since January.

Weekly flows

Weekly crypto asset flows (Source: CoinShares)

The latest figures extend a three-week streak of positive inflows, which now total $2.7 billion. As a result, year-to-date net inflows into crypto ETPs have climbed to approximately $3.8 billion. 

Market analysts believe the surge has been fueled in part by improving global risk sentiment, particularly optimism surrounding ceasefire extension talks between the United States and Iran. Reduced geopolitical tension often encourages investors to move back into higher-risk assets like cryptocurrencies. 

At the same time, Bitcoin’s recent price rally also added momentum, when the asset almost reached $78,000 on Friday before easing slightly.

BTC price

BTC’s price action over the past week (Source: CoinCodex)

Bitcoin investment products dominated inflows after attracting $1.12 billion during the week. This pushed Bitcoin-related year-to-date inflows to $3 billion. Much of the demand came from United States spot Bitcoin ETFs, which alone generated around $1 billion in weekly inflows. 

Ethereum products also saw a strong resurgence, and recorded $328 million in inflows. This was also their best weekly performance since January. These gains were enough to push Ether products back into positive territory for the year, with net inflows now totaling $197 million. 

Flows by asset

Flows by asset (Source: CoinShares)

Not all digital assets benefited from the renewed optimism. Altcoin products like XRP and Solana experienced outflows, with XRP losing $56 million and Solana seeing smaller outflows of $2.3 million.

Regionally, the United States led global inflows by a wide margin with $1.5 billion, while Germany followed with $28 million. Switzerland experienced the largest redemptions, recording $138 million in outflows.