Crypto investment products recorded $619 million in inflows last week, led by $521 million into Bitcoin exchange-traded products (ETPs), according to CoinShares. This follows a $1 billion inflow the previous week, marking a rebound after a five-week stretch of roughly $4 billion in outflows. Ether and Solana ETPs also saw positive inflows of $86 million and $15 million, respectively, while XRP experienced outflows exceeding $30 million.
Total assets under management in crypto ETPs recovered to $135.4 billion, with year-to-date flows turning slightly positive at $45 million. Bitcoin ETPs are now up $117 million year-to-date, reflecting renewed investor appetite despite the macroeconomic and geopolitical backdrop. Rising oil prices and market concerns linked to the US-Israel-Iran conflict have created a volatile environment for risk assets.
CoinShares noted that sentiment remains cautious, with geopolitical uncertainty and macro conditions creating a modest downside bias for near-term consolidation. The firm highlighted that while inflows indicate confidence in crypto as an asset class, investors are navigating heightened volatility and systemic risks tied to energy markets and regional tensions.
