Mixed sentiment as crypto funds see modest $6M inflows — CoinShares
Cryptocurrency exchange-traded products (ETPs) experienced minor inflows of $6 million from April 14–18, following over $1 billion in outflows in the prior two weeks. Total assets under management (AUM) in crypto ETPs increased by 1.4%, rising from approximately $129 billion to $131 billion. BlackRock’s iShares ETFs led inflows with $182 million, while Fidelity faced $123 million in outflows. Bitwise and 21Shares reported inflows of $24 million and $37 million, respectively. All US crypto ETP issuers are currently in the red for April, with 21Shares being the only European issuer with positive inflows. XRP saw notable inflows of $37.7 million, while Ether experienced the largest outflows at $26.7 million. Bitcoin had minor outflows of $6 million, totaling $894 million for April, but still maintains $541 million in year-to-date inflows.
