Crypto ETPs gather steam with $2.2B inflows, Bitcoin dominates gains

2 hours ago

Crypto concern products continued gathering steam past week, with money inflows outpacing each different week successful 2026 truthful acold and marking the largest gains since October.

Crypto exchange-traded products (ETPs) drew $2.17 cardinal of inflows past week, European crypto plus manager CoinShares reported connected Monday.

The bulk of inflows came earlier successful the week, but Friday saw sentiment displacement arsenic $378 cardinal successful outflows amid Greenland geopolitical escalation and caller tariff worries, CoinShares’ caput of research, James Butterfill, said.

“Sentiment was besides weighed down by suggestions that Kevin Hassett, a starring contender for the adjacent US Fed Chair and a well-known argumentation dove, is apt to stay successful his existent role,” the expert added.

Bitcoin leads gains with $1.6 cardinal of inflows

Most of past week’s crypto money gains were concentrated successful bitcoin (BTC), which attracted $1.55 cardinal of inflows, oregon much than 71% of the full play haul.

Ether (ETH) funds drew $496 cardinal successful inflows, exceeding the total inflows into each crypto products combined the erstwhile week.

XRP (XRP) and Solana (SOL) funds followed, pulling successful astir $70 cardinal and $46 million, respectively. Smaller altcoins specified arsenic Sui (SUI) and Hedera (HBAR) recorded inflows of $5.7 cardinal and $2.6 million.

CoinShares’ Butterfill added that Ether and Solana inflows held up contempt CLARITY Act proposals successful the US Senate Banking Committee that could bounds stablecoin output offerings.

Multi-asset and abbreviated Bitcoin concern products were the lone 2 categories to grounds monthly outflows by Friday, totaling $32 cardinal and $8.6 million.

All large issuers saw notable gains past week, with BlackRock’s iShares exchange-traded funds (ETFs) starring the battalion with $1.3 cardinal of inflows. Grayscale Investments and Fidelity Investments followed with $257 cardinal and $229 million, respectively.

Geographically, the US led inflows with $2 billion, portion Sweden and Brazil saw insignificant outflows of $4.3 cardinal and $1 million, respectively.

With the latest inflows, full assets nether absorption successful crypto funds climbed supra $193 cardinal for the archetypal clip since aboriginal November.

Magazine: Wintermute connected crypto recovery, BTC allocation chopped connected quantum risk: Hodler’s Digest, Jan. 11 – 17

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