Global crypto ETPs log $716 million in weekly inflows amid easing negative sentiment: CoinShares
Global crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares witnessed net inflows of $716 million last week, according to CoinShares' data.That marked the second consecutive week of net inflows after attracting $1.07 billion the prior week, which, in conjunction with outflows from short exchange-traded products, hints at easing negative sentiment, CoinShares Head of Research James Butterfill said in a Monday report.However, the majority of the positive flows came early in the week, and the crypto funds slipped into minor outflows on Thursday and Friday in what Butterfill suggested was a response to macroeconomic data in the U.S. alluding to ongoing inflationary pressures.Weekly crypto asset flows. Image: CoinShares.BTC and ETH made respective gains of 6% and 11.2% last week, currently trading for $91,851 and $3,157, according to The Block's price page.AUM remains well below all-time highsThe positive weekly flows and price action lifted total assets under management at the funds to $180 billion, though that remains well below their $264 billion all-time high, Butterfill noted.In what the analyst described as another encouraging sign, almost all regions witnessed inflows last week, led by crypto investment products in the U.S., Germany, and Canada, which added $483 million, $96.9 million, and $80.7 million, respectively.Bitcoin-based ETPs again led the flows by underlying asset, adding $352 million last week. That brought year-to-date inflows back above $27 billion, but still substantially below the $41.6 billion recorded in 2024.Meanwhile, short-Bitcoin products saw outflows of $18.7 million — their largest since March. "At that time, outflows coincided with a similar price low, suggesting that ETP investors believe the current bout of negative sentiment may now have reached its bottom," Butterfill said.However, the U.S. spot Bitcoin exchange-traded funds bucked the trend, generating $87.7 million worth of net outflows last week, according to data compiled by The Block, led by around $77.8 million worth of redemptions from Ark Invest and 21Shares' ARKB.Ethereum products also saw net inflows of $39.1 million globally last week, but once again, the U.S.-based spot Ethereum ETFs posted outflows of $65.4 million, offset by inflows in other regions.XRP-based funds continued to log strong inflows, adding $245 million last week and bringing year-to-date inflows to $3.1 billion. Meanwhile, Chainlink-based products saw their largest weekly inflows on record, attracting $52.8 million amid the launch of Grayscale's GLNK ETF in the U.S., which brought in $48.3 million, according to SoSoValue data.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.