Crypto ETPs keep $10.9 billion inflows in the past 7 weeks
Summary
Cryptocurrency investment products continued their inflow streak despite Bitcoin's price drop to $103,000. Global crypto exchange-traded products (ETPs) saw $286 million in inflows for the week ending May 30, with a seven-week total of $10.9 billion. Total assets under management decreased from $187 billion to $177 billion due to market volatility and US tariff uncertainty. Bitcoin fell approximately 6% to $103,400. Ether ETPs led with $321 million in inflows, showing improved sentiment. Bitcoin ETPs experienced $8 million in outflows following a court ruling on US tariffs. XRP investment products had $28 million in outflows, marking a second consecutive week of losses.
