Cryptocurrency exchange-traded products (ETPs) recorded about $864 million in inflows last week, according to a report. a report on Monday by European digital asset manager CoinShares.
The United States topped regional flows with about $796 million, followed by Germany with about $68.6 million, and Canada with about $26.8 million. Together, the three countries account for approximately 98.6% of year-to-date flows into digital asset investment products.
Exchange-traded cryptocurrency products listed in Switzerland recorded about $41.4 million in weekly outflows, while net inflows since the beginning of the year amounted to about $622.4 million, according to the data.
Bitcoin and Ether dominate inflows, followed by Solana and XRP
Bitcoin (BitcoinInvestment products recorded approximately $522 million in weekly inflows, while short Bitcoin products recorded approximately $1.8 million in net outflows, “indicating a recovery in sentiment,” according to the report.
ether (Ethereum) saw nearly $338 million in flows during the week, bringing YTD to about $13.3 billion, up 148% from 2024.
Beyond Bitcoin and Ether, Solana (SolInvestment products recorded approximately $65 million in weekly flows, bringing year-to-date flows to approximately $3.46 billion, a tenfold increase over last year.
ripple(XRP) Products also attracted new capital, with nearly $46.9 million added during the week and about $3.18 billion in inflows accumulated since the beginning of the year, according to the data.
Smaller capitalization products have seen more mixed results, with Aave (ghost)-Attached Products records approximately $5.9 million in weekly flows and Chainlink (connection) adding approximately $4.1 million. excess fluid (The noise) Products recorded net outflows of approximately $14.1 million during this period.
This is the third consecutive week of inflows into exchange-traded cryptocurrency products, after approx $716 million in inflows Last week and about $1 billion the week before.
Bitcoin has attracted about $27.7 billion since the beginning of the year, still short of the $41 billion it recorded in 2024.
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Assets under management and flows of publicly traded stocks
By assets under management, Bitcoin investment products account for approximately $141.8 billion, while Ethereum-related products account for approximately $26 billion.
Beyond single-asset products, multi-asset exchange-traded crypto products recorded approximately $104.9 million in weekly outflows, increasing net redemptions to approximately $69.5 million since the beginning of the year, despite retaining approximately $6.8 billion in assets under management, according to the data.
Funds that invest in publicly traded blockchain-related companies saw mixed inflows from investors during the week. VanEck’s Digital Transformation Fund recorded the largest weekly inflow at about $45.8 million, followed by VanEck Crypto and Blockchain at about $20.5 million and Schwab’s Crypto Thematic ETF at about $7.2 million.
Invesco CoinShares Global Blockchain and Bitwise Crypto Industry Innovators ETPs posted modest net outflows during the week.
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