{"id":24117,"date":"2025-04-28T10:47:22","date_gmt":"2025-04-28T10:47:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24117"},"modified":"2025-04-28T10:47:22","modified_gmt":"2025-04-28T10:47:22","slug":"crypto-etps-hit-3rd-largest-inflows-on-record-at-3-4b-coinshares","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24117","title":{"rendered":"Crypto ETPs hit 3rd-largest inflows on record at $3.4B \u2014 CoinShares"},"content":{"rendered":"
\n

<\/p>\n<\/p>\n

\"Crypto<\/p>\n

Cryptocurrency exchange-traded products (ETPs) bounced back with their third-largest inflows on record last week, according to CoinShares.<\/p>\n

Global crypto ETPs collectively posted $3.4 billion of inflows in the trading week of April 21\u201325, marking the highest level since December 2024, CoinShares reported<\/a> on April 28.<\/p>\n

The inflows were just 13% below the all-time high of $3.85 billion<\/a> seen in the trading week of Dec. 2\u20136, 2024, CoinShares previously reported<\/a>.<\/p>\n

Renewed investment interest in crypto ETPs came as Bitcoin (BTC<\/a>) broke back above $90,000 last week for the first time since briefly retesting the price mark in early March, according<\/a> to CoinGecko.<\/p>\n

Bitcoin ETFs lead as price consolidates above $90,000<\/h2>\n

Bitcoin was the primary winner among crypto ETPs last week, with investors pouring as much as $3.18 billion into BTC ETPs.<\/p>\n

The fresh inflows covered all the previous outflows seen since the beginning of April<\/a>, with year-to-date (YTD) inflows extending to $3.7 billion.<\/p>\n

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

Bitcoin ETP\u2019s assets under management (AUM) have reached $132 billion, while total AUM surged to $151.6 billion.<\/p>\n

Solana was the only loser<\/h2>\n

Bullish sentiment was seen in all crypto ETPs except for Solana (SOL<\/a>), with Solana-based investment products seeing $5.7 million of outflows last week.<\/p>\n

Meanwhile, Ether (ETH<\/a>), the second-largest cryptocurrency by market cap, saw $183 million inflows in the past trading week, breaking an eight-week streak of outflows.<\/p>\n

Related: <\/strong><\/em>Solana’s Loopscale pauses lending after $5.8M hack<\/strong><\/em><\/a><\/p>\n

Other notable gainers among altcoins were Sui (SUI<\/a>) and XRP (XRP<\/a>), which saw $20.7 million and $31.6 million of inflows, respectively.<\/p>\n

All issuers see healthy inflows<\/h2>\n

The fresh crypto ETP flows were distributed across all major issuers, including those in the United States and Europe.<\/p>\n

BlackRock\u2019s iShares ETFs saw the largest inflows last week at $1.5 billion, with ARK and Fidelity following at $621 million and $574 million, respectively.<\/p>\n

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

Despite significant inflows, some issuers continue to see outflows month-to-date, or since April 1. Among those issuers are Grayscale with $84 million in outflows, ProShares with $18 million in outflows, and CoinShares with $7 million in outflows.<\/p>\n

Reasons for the spike<\/h2>\n

The latest inflows mark a notable trend reversal in crypto ETPs as the majority of issuers were seeing massive YTD inflows in the previous week, following a series of outflows in 2025.<\/p>\n

According to CoinShares\u2019 James Butterfill, the new inflows likely came from concerns over the tariff impact<\/a> on corporate earnings as well as a notable weakening of the US dollar<\/a>, fueling demand for safe-haven assets<\/a>.<\/p>\n

The inflows also came as gold prices saw a notable decline last week after breaking new highs at nearly $3,500 on April 22, dropping to as low as $3,275 on April 23, according to TradingView.<\/p>\n

Magazine: <\/strong><\/em>Ethereum is destroying the competition in the $16.1T TradFi tokenization race<\/strong><\/em><\/a><\/p>\n