{"id":23179,"date":"2025-04-22T12:01:52","date_gmt":"2025-04-22T12:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23179"},"modified":"2025-04-22T12:01:52","modified_gmt":"2025-04-22T12:01:52","slug":"mixed-sentiment-as-crypto-funds-see-modest-6m-inflows-coinshares","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23179","title":{"rendered":"Mixed sentiment as crypto funds see modest $6M inflows \u2014 CoinShares"},"content":{"rendered":"
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\"Mixed<\/p>\n

Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows after shedding more than $1 billion in outflows in the previous two weeks.<\/p>\n

Crypto investment products saw modest inflows of $6 million during the week of April 14\u201318, reflecting mixed investor sentiment, CoinShares reported<\/a> on April 22.<\/p>\n

\u201cWhile the week began with minor inflows, stronger-than-expected US retail sales figures mid-week likely triggered outflows of $146 million,\u201d CoinShares\u2019 head of research James Butterfill wrote.<\/p>\n

\"Mixed
Weekly crypto ETP flows since late 2024. Source: CoinShares<\/em><\/figcaption><\/figure>\n

Total assets under management (AUM) in crypto ETPs edged up 1.4% from roughly $129 billion as of April 11 to $131 billion as of April 18.<\/p>\n

All US Bitcoin ETFs are red in April so far<\/h2>\n

According to the report, BlackRock\u2019s iShares exchange-traded funds<\/a> saw the biggest inflows last week at $182 million, while major issuers like Fidelity saw $123 million of outflows from the issuer\u2019s crypto ETPs.<\/p>\n

Bitwise was among a few of the US issuers that saw inflows in its crypto ETPs totaling $24 million, while the European issuer 21Shares saw bigger inflows at $37 million.<\/p>\n

\"Mixed
Flows by issuer (in millions of US dollars). Source: CoinShares<\/em><\/figcaption><\/figure>\n

Even with minor inflows, all US crypto ETP issuers are currently in the red month-to-date. European-based 21Shares was the only issuer that maintained $28 million of inflows in April.<\/p>\n

Related: <\/strong><\/em>BlackRock reports $3B in digital asset inflows during Q1<\/strong><\/em><\/a><\/p>\n

Year-to-date, BlackRock\u2019s iShares ETFs are solid with more than $3 billion of inflows, with the majority of issuers being in red, except for Proshares with $340 million of inflows and Cathie Wood\u2019s ARK with $19 million YTD.<\/p>\n

XRP stood out with $37.7 million inflows<\/h2>\n

Asset-wise, Ether (ETH<\/a>) saw the largest ETP outflows among other cryptocurrencies last week, totaling $26.7 million.<\/p>\n

On the other hand, XRP (XRP<\/a>) saw significant inflows of $37.7 million, standing out as the biggest gainer among other crypto ETPs.<\/p>\n

\"Mixed
Flows by asset (in millions of US dollars). Source: CoinShares<\/em><\/figcaption><\/figure>\n

In the meantime, Bitcoin saw minor outflows of $6 million, extending April outflows to $894 million. The asset still has $541 million of ETP inflows YTD, the biggest inflows before Ether and XRP, totaling $215 million and $214 million YTD, respectively.<\/p>\n

Magazine: <\/strong><\/em>Altcoin season to hit in Q2? Mantra\u2019s plan to win trust: Hodler\u2019s Digest, April 13 \u2013 19<\/strong><\/em><\/a><\/p>\n