Digital Asset Etps Post Third Straight Week Of Net Inflows, Led By...
Bitcoin and Ether accounted for the largest allocations, while short-Bitcoin products posted net outflows, according to CoinShares data.
Crypto exchange-traded products (ETPs) recorded about $864 million in inflows last week, according to a report on Monday by European digital asset manager CoinShares.
The United States led regional inflows with about $796 million, followed by Germany with roughly $68.6 million and Canada with about $26.8 million. Together, the three countries account for approximately 98.6% of year-to-date (YTD) inflows into digital asset investment products.
Switzerland-listed crypto ETPs recorded about $41.4 million in weekly outflows, while YTD net flows were about $622.4 million, according to the data.
Bitcoin (BTC) investment products recorded about $522 million in weekly inflows, while short-Bitcoin products posted roughly $1.8 million in net outflows, “signalling a recovery in sentiment,” according to the report.
Ether (ETH) saw approximately $338 million in inflows during the week, lifting YTD to about $13.3 billion, up 148% from 2024.
Beyond Bitcoin and Ether, Solana (SOL) investment products recorded about $65 million in weekly inflows, bringing YTD inflows to roughly $3.46 billion, a tenfold increase from last year.
XRP (XRP) products also attracted fresh capital, with approximately $46.9 million added during the week and about $3.18 billion in inflows accumulated YTD, according to the data.
Smaller-cap products saw more mixed results, with Aave (AAVE)-linked products recording about $5.9 million in weekly inflows and Chainlink (LINK) adding roughly $4.1 million. Hyperliquid (HYPE) products posted net outflows of around $14.1 million during the period.
This is the third consecutive week of inflows for crypto ETPs, following about $716 million in inflows last week and roughly $1 billion the week before.
Source: CoinTelegraph