Crypto ETPs hit 3rd-largest inflows on record at $3.4B — CoinShares
Cryptocurrency exchange-traded products (ETPs) experienced significant inflows, totaling $3.4 billion during the week of April 21–25, marking the highest level since December 2024. This figure is 13% below the all-time high of $3.85 billion recorded in early December 2024. Bitcoin (BTC) led the inflows, attracting $3.18 billion as its price surpassed $90,000. Year-to-date inflows for Bitcoin ETPs reached $3.7 billion, with assets under management (AUM) at $132 billion. Ether (ETH) saw $183 million in inflows, ending an eight-week outflow streak. Solana (SOL) was the only cryptocurrency to experience outflows, totaling $5.7 million. Major issuers like BlackRock’s iShares, ARK, and Fidelity reported substantial inflows, while Grayscale, ProShares, and CoinShares faced outflows. The inflow surge is attributed to concerns over corporate earnings and a weakening US dollar, alongside a decline in gold prices.
