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ETP sentiment cooled successful the second fractional of past week amid reports of US engagement successful the Iran conflict.
Cryptocurrency concern products continued to pull beardown capitalist involvement past week contempt large crypto assets similar Bitcoin and Ether posting notable terms drops.
Global crypto exchange-traded products (ETPs) recorded $1.24 cardinal of inflows for the trading week ending Friday, CoinShares reported connected Monday.
With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, mounting a caller historical precocious astatine $15.1 billion, said CoinShares’ caput of research, James Butterfill.
Total assets nether absorption (AUM) successful crypto ETPs besides edged up to $176.3 cardinal from past week’s $175.9 billion.
Bitcoin leads ETP inflows for a 2nd consecutive week
Bitcoin (BTC) ETPs saw a 2nd consecutive week of inflows, totalling $1.1 billion, contempt BTC prices dropping from astir $108,800 connected June 16 to $103,000 by the extremity of the week, according to CoinGecko.
The resisting maturation successful the Bitcoin ETP dynamics contempt the spot terms diminution indicated that investors were buying connected weakness, CoinShares’ Butterfill suggested.
Crypto ETP flows by plus arsenic of Friday (in millions of US dollars). Source: CoinShares“This sentiment was further supported by insignificant outflows from short-Bitcoin products, which totalled $1.4 million,” helium added.
Crypto Fear & Greed Index concisely shifts to “Fear”
CoinShares’ caller crypto ETP study follows immoderate notable adjustments successful the Crypto Fear & Greed index, which suggested that the marketplace sentiment dropped to “Fear” connected Sunday aft maintaining “Greed” for the past month. On Monday, the scale somewhat recovered to “Neutral.”
Though crypto ETP enactment remained beardown past week, the ETP sentiment cooled successful the second fractional of the week, apt owed to the US Juneteenth vacation and emerging reports of US engagement successful the Iran conflict, CoinShares’ Butterfill noted.
Related: Bitcoin ‘weakness shall pass’ aft dip beneath $100K: Arthur Hayes
Crypto Fear & Greed scale arsenic of June 23, 2025. Source: Alternative.me
Both crypto ETPs and spot crypto prices held beardown successful the erstwhile trading week, with ETPs posting $1.9 cardinal of inflows contempt the escalation of the Israel-Iran conflict.
Magazine: History suggests Bitcoin taps $330K, crypto ETF likelihood deed 90%: Hodler’s Digest, June 15 – 21
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