Crypto funds see $1.9B inflows as Ether leads weekly gains

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Cryptocurrency concern products ended past week successful the green, marking 15 consecutive weeks of inflows, adjacent arsenic Bitcoin funds saw insignificant outflows.

Global crypto exchange-traded products (ETPs) recorded $1.9 cardinal of inflows during the trading week ending Friday, according to a Monday study from European crypto plus manager CoinShares.

The latest inflows came contempt heightened marketplace volatility arsenic Bitcoin (BTC) tumbled to arsenic debased arsenic $115,000 by the extremity of the week, portion Ether (ETH) concisely dropped beneath $3,600 connected Thursday, according to CoinGecko.

The caller gains brought the year-to-date (YTD) inflows to a caller precocious of $29.5 billion, portion full assets nether absorption (AUM) for the archetypal clip reached $221.4 billion. Month-to-date inflows besides acceptable a grounds of $11.2 billion, surpassing the erstwhile grounds of $7.6 cardinal seen successful December 2024 pursuing the US election.

Ether ETPs spot second-largest inflows connected record

The bulk of past week’s gains were driven by Ether concern products, which saw $1.59 cardinal successful inflows. According to CoinShares’ caput of research, James Butterfill, the fig represents the second-largest play inflow ever recorded for Ether ETPs.

Solana (SOL) and XRP (XRP) followed Ether ETPs successful recorded gains past week, with inflows totaling $311.5 cardinal and $189.6 million, respectively.

On the different hand, Bitcoin ETPs saw insignificant outflows of $175 cardinal arsenic BTC concern products ended a 12-day inflow streak connected July 21.

Crypto ETP flows by plus arsenic of Friday (in millions of US dollars). Source: CoinShares

According to Butterfill, the divergence successful the flows betwixt Bitcoin and altcoins highlights imaginable anticipation of altcoin ETFs alternatively than a broader altcoin season.

“These altcoin inflows whitethorn beryllium driven little by broad-based enthusiasm and much by anticipation surrounding imaginable US ETF launches,” Butterfill said.

He added that respective altcoin ETPs saw insignificant outflows, including Litecoin (LTC) and Bitcoin Cash (BCH), $1.2 cardinal and $0.7 million, respectively.

Inflows driblet 57% week-over-week

Last week’s $1.9 cardinal successful inflows marked a 57% diminution from the previous week’s $4.4 billion, the largest play inflows connected record.

BlackRock’s iShares crypto ETFs led past week’s gains with $1.56 cardinal inflows, down astir 64% from the erstwhile week’s $4.3 billion.

Fidelity Investments extended outflows to $123 million, portion Cathie Wood’s ARK Invest slowed down outflows from $120 cardinal to $90 million.

Crypto ETP flows by issuer arsenic of past Friday (in millions of US dollars). Source: CoinShares

European issuer 21Shares saw the largest inflows among issuers aft iShares, with humble inflows of $80 million. Grayscale Investments followed with $78 cardinal successful inflows.

Although Grayscale present sees $356 cardinal successful inflows, its YTD flows are reddish with astir $1.3 cardinal of outflows. BlackRock’s YTD inflows basal astatine $25.8 billion, oregon 87.5% of full inflows successful crypto ETPs successful 2025.

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