Crypto ETPs trading volume plummets 50% as BlackRock surpasses Grayscale
Summary
Crypto investment products had a lukewarm week, with $30 million inflows and a 50% drop in trading volume. Bitcoin gained $42 million inflows, while Ethereum saw $4.2 million. Multi-asset products had $21 million inflows, and XRP reported gains. Solana faced record outflows of $39 million due to declining network fundamentals. Grayscale experienced outflows of over $300 million, while BlackRock's ETF saw $147 million inflows, surpassing Grayscale in AUM at $21.677 billion.
