3 weeks ago
Cryptocurrency concern products saw a crisp summation successful inflows past week, driving the year-to-date (YTD) full supra $10 billion, according to information from European crypto concern manager CoinShares.
Global crypto exchange-traded products (ETPs) recorded $3.3 cardinal of inflows during the week ending May 24, bringing full inflows YTD to a grounds $10.8 billion, CoinShares reported connected May 26.
CoinShares caput of probe James Butterfill said full assets nether absorption (AUM) successful crypto ETPs concisely reached an all-time precocious of $187.5 billion, reflecting beardown capitalist interest.
“We judge that increasing concerns implicit the US economy, driven by the Moody’s downgrade and the resulting spike successful treasury yields, person prompted investors to question diversification done integer assets,” Butterfill wrote.
Bitcoin ETPs pb with $2.9 cardinal successful inflows
Bitcoin (BTC) led past week’s inflows to crypto ETPs with $2.9 billion, a 4th of full inflows for 2024.
As Bitcoin surged supra $110,000 for the archetypal clip connected May 22, immoderate investors turned to short-BTC products, with inflows surging to $12.7 million, the highest since December 2024.
Crypto ETP flows by plus arsenic of May 23, 2025 (in millions of US dollars). Source: CoinSharesEther (ETH) ETPs continued to spot steadfast inflows totaling $326 cardinal past week, marking a 5th consecutive week of gains arsenic momentum continued pursuing the successful Pectra upgrade that went unrecorded connected May 7.
Related: US Bitcoin ETFs adjacent grounds period aft $1.5B inflows successful 2 days
While the bulk of altcoin ETPs saw meager oregon adjacent zero inflows, XRP (XRP) ETPs were deed with monolithic outflows. After posting an 80-week inflow streak, XRP concern products posted $37.2 cardinal successful outflows, the largest connected record, according to Butterfill.
The question of outflows for XRP ETPs came amid an underperforming terms contempt two cardinal bullish developments for the asset, including a potential spot XRP exchange-traded fund successful the US and $2.2 cardinal successful XRP futures.
Crypto ETPs support breaking records
The latest CoinShares information marks different record-breaking milestone for crypto ETPs, pursuing a historical surge successful YTD inflows the erstwhile week.
In mid-May, crypto concern products added $785 cardinal successful caller inflows, pushing the YTD full to $7.5 cardinal by May 16, according to CoinShares.
Weekly crypto ETP inflows since precocious 2024. Source: CoinSharesThe caller inflow grounds not lone surpassed the erstwhile highest of $7.2 cardinal recorded successful February 2025 but besides afloat recovered the nearly $7 cardinal of outflows seen during the consequent terms correction successful February and March, Butterfill said.
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