6 days ago
Ether ETPs led past week’s inflows to crypto ETPs astatine $286 million, portion Bitcoin concern products saw outflows of $8 million, CoinShares reported.
Cryptocurrency concern products maintained their multi-week inflow streak past week contempt important selling unit stemming from Bitcoin’s driblet to $103,000.
Global crypto exchange-traded products (ETPs) recorded $286 cardinal of inflows successful the week ending May 30, bringing a seven-week tally of inflows to $10.9 billion, CoinShares reported connected June 2.
Despite the inflows, full assets nether absorption (AuM) declined from the all-time precocious of $187 cardinal to $177 cardinal by the play amid marketplace volatility triggered by uncertainty implicit US tariffs, CoinShares caput of probe James Butterfill noted.
The caller inflows came arsenic Bitcoin (BTC) tumbled astir 6% from $110,000 past Monday to an intraweek debased of $103,400 by May 30, according to information from CoinGecko.
Ether ETPs pb inflows
Ether (ETH) ETPs led past week’s crypto ETP buying with inflows totaling $321 million, marking the strongest tally since precocious December 2024 and reflecting a important sentiment improvement.
On the different hand, Bitcoin ETPs saw $8 cardinal successful outflows aft seeing a large travel reversal pursuing the New York Court determination to state US tariffs arsenic illegal, Butterfill said.
Crypto ETP flows by plus arsenic of May 30, 2025 (in millions of US dollars). Source: CoinShares
XRP (XRP) concern products posted the biggest outflows past week, totaling $28 million. The outflows marked the 2nd week of losses for XRP, Butterfill noted.
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