Crypto ETPs Record Third Largest Weekly Inflows
28 Apr, 2025 ● Crypto News
Cryptocurrency exchange-traded products (ETPs) rebounded last week, recording their third-largest inflows on record, according to CoinShares.
Global crypto ETPs collectively brought in $3.4 billion during the trading week of April 21–25, reaching their highest inflow level since December 2024, CoinShares reported on April 28.
These inflows were just 13% below the all-time high of $3.85 billion, which was posted during the week of Dec. 2–6, 2024, according to previous CoinShares data.
The renewed investment interest in crypto ETPs coincided with Bitcoin climbing back above $90,000 last week for the first time since briefly revisiting that level in early March, according to CoinGecko.
Bitcoin dominated the inflows among crypto ETPs, attracting $3.18 billion in new investment over the past week.
The recent inflows offset all the previous outflows recorded since the beginning of April, pushing Bitcoin’s year-to-date (YTD) inflows up to $3.7 billion.
Bitcoin ETPs’ assets under management (AUM) have now reached $132 billion, while the total crypto ETP AUM stands at $151.6 billion.
Most major crypto ETPs experienced bullish inflows last week, with the exception of Solana, which saw $5.7 million in outflows.
Meanwhile, Ethereum —the second-largest cryptocurrency by market capitalization—attracted $183 million in inflows over the past week, ending an eight-week run of outflows.
Other standout performers among altcoins included Sui and XRP, which recorded inflows of $20.7 million and $31.6 million, respectively.
The latest surge in crypto ETP investments was broadly spread across major issuers in both the United States and Europe.
BlackRock’s iShares ETFs recorded the highest inflows, pulling in $1.5 billion last week.
ARK and Fidelity followed with inflows of $621 million and $574 million, respectively.
Despite the substantial inflows, a few issuers continued to experience month-to-date outflows (since April 1), including Grayscale with $84 million, ProShares with $18 million, and CoinShares with $7 million.
The recent turnaround marks a notable shift for crypto ETPs, with the majority of issuers seeing strong YTD inflows last week after a series of outflows earlier in 2025.
According to CoinShares’ James Butterfill, the latest influx of capital was likely driven by concerns about the impact of tariffs on corporate earnings and a weakening US dollar, prompting investors to seek safe-haven assets.
The surge in crypto inflows also came as gold prices fell sharply last week, after reaching new highs of nearly $3,500 on April 22 before dropping to as low as $3,275 on April 23, based on TradingView data.
Sources:
https://cointelegraph.com/news/crypto-etp-3-4-billion-inflows-weakening-dollar
https://blog.coinshares.com/volume-231-digital-asset-fund-flows-weekly-report-65dfdf5fe493
https://blog.coinshares.com/volume-212-digital-asset-fund-flows-weekly-report-4737ab57e17c
