2 months ago
Cryptocurrency exchange-traded products (ETPs) continued to spot humble inflows past week, extending a reversal from a record-breaking streak of outflows.
Global crypto ETPs posted different $226 cardinal successful inflows successful the past trading week, adding to the anterior week’s $644 cardinal inflows, CoinShares reported connected March 31.
Despite the two-week affirmative inclination aft a five-week outflow streak, full assets nether absorption (AUM) continued to decline, dropping beneath $134 cardinal by March 28.
Weekly crypto ETP flows since precocious 2024. Source: CoinShares
Last week’s inflows suggest affirmative but cautious capitalist behaviour amid halfway Personal Consumption Expenditures successful the US coming successful supra expectations, CoinShares’ caput of probe James Butterfill said.
Bitcoin leads play inflows
Bitcoin (BTC) concern products attracted the bulk of inflows, totaling $195 cardinal for the week, portion short-BTC concern products saw outflows for the 4th consecutive week, totaling $2.5 million.
Altcoins, successful aggregate, saw their archetypal week of inflows totaling $33 million, pursuing 4 consecutive weeks of outflows totaling $1.7 billion.
Flows by plus (in millions of US dollars). Source: CoinShares
Among idiosyncratic altcoins, Ether (ETH) saw $14.5 cardinal successful inflows. Solana (SOL), XRP (XRP) and Sui (SUI) followed with $7.8 million, $4.8 cardinal and $4 million, respectively.
AUM drops to lowest level successful 2025 amid terms slump
Despite caller inflows, crypto ETPs person failed to trigger a reversal successful presumption of full AUM.
Since March 10, the full crypto ETP AUM dropped 5.7% from 142 billion, amounting to 133.9 cardinal arsenic of March 28, the lowest level successful 2025.
Related: BlackRock to motorboat Bitcoin ETP successful Europe — Report
According to CoinShares’ Butterfill, the AUM diminution could beryllium attributed to a slump successful cryptocurrency prices.
“Recent terms falls person pushed Bitcoin planetary ETP’s full assets nether absorption to their lowest level since conscionable aft the US predetermination astatine $114 billion,” Butterfill wrote.
Bitcoin terms illustration since Jan. 1, 2025. Source: CoinGecko
Since Jan. 1, 2025, the BTC terms has dropped 13.6%, portion the full marketplace capitalization has tumbled astir 20%, according to information from CoinGecko.
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