Global crypto ETPs see $864 million in weekly inflows amid cautious optimism: CoinShares
Global crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares witnessed net inflows of $864 million last week, according to CoinShares' data.That marked the third consecutive week of net inflows after attracting $716 million the prior week, which CoinShares Head of Research James Butterfill said reflects a cautious yet increasingly optimistic investor base."Despite the recent interest rate cut by the U.S. Federal Reserve, price performance has been subdued, with trading days following the cut showing mixed sentiment and uneven flows," Butterfill wrote in a Monday report.Weekly crypto asset flows. Image: CoinShares.BTC fell 2.4% last week, currently trading for $85,579, while ETH gained 2.1% to trade at around $3,153, according to The Block's price page.US, Germany and Canada dominate in 2025Regionally, U.S.-based crypto funds witnessed $796 million in net inflows last week, with products in Germany and Canada also adding $68.6 million and $26.8 million, respectively. The three countries have dominated the market this year, accounting for more than 98% of inflows in 2025, Butterfill noted.Global Bitcoin-based ETPs again led the flows in terms of underlying assets, adding $522 million last week. That brought year-to-date inflows back to $27.7 billion, but still substantially lower than the $41.6 billion recorded in 2024.Meanwhile, short-Bitcoin products saw outflows of $1.8 million in what Butterfill described as another signal of recovering sentiment.The U.S. spot Bitcoin exchange-traded funds accounted for $286.6 million of last week's net inflows, according to data compiled by The Block, led by around $214.1 million into BlackRock's IBIT.Ethereum products also witnessed net inflows of $338 million globally last week, bringing year-to-date inflows to $13.3 billion — an increase of 148% compared to 2024. The U.S.-based spot Ethereum ETFs saw inflows of $209.1 million, again led by BlackRock's ETHA fund.Solana product inflows remain lower at $3.5 billion year-to-date after adding $65 million last week, Butterfill noted, though that still marks a tenfold increase from 2024. XRP-based funds attracted $46.9 million in weekly inflows to reach nearly $3.2 billion for the year. Aave and Chainlink-based products recorded net inflows of $5.9 million and $4.1 million, respectively, while Hyperliquid funds posted $14.1 million in net outflows.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.