Key Points
- Crypto investment products experienced inflows for the fifth consecutive week, reaching a total of $1.3 billion.
- Despite these inflows, total assets under management in ETPs fell to $163 billion due to recent price declines.
Crypto investment products have seen an increase for the fifth week in a row, with total inflows reaching $1.3 billion, as reported by CoinShares.
Bitcoin and Ethereum Inflows
Bitcoin (BTC) experienced inflows of $407 million, with exchange-traded products now representing 7.1% of its total market capitalization. On the other hand, Ethereum (ETH) led the market with inflows of $793 million. The price of Ethereum recently fell to around $2,100, which triggered significant purchases, according to CoinShares’ head of research, James Butterfill.
Butterfill also commented on the global economic climate, stating that while the rhetoric around Trump’s tariffs is often a strategy for improved trade terms, the potential for a full-scale trade conflict remains a significant concern. He noted that Bitcoin, which trades 24/7, has already shown these fears, and equities have followed suit.
Regional Inflows and Assets Under Management
Inflows were also seen across various regions. The U.S. led the way with $1 billion, followed by Germany, Switzerland, and Canada with inflows of $61 million, $54 million, and $37 million respectively. Other cryptocurrencies such as XRP (XRP) and Solana (SOL) attracted $21 million and $11 million respectively. Blockchain-related equities saw $33 million in inflows, bringing the year-to-date total to $194 million.
However, despite these inflows, the total assets under management in crypto ETPs fell to $163 billion. This is a decrease from the January peak of $181 billion, attributed to recent price declines. Trading volumes remained consistent at $20 billion for the week.
