Crypto ETPs post $3.4 billion in weekly inflows

cryptocurrency exchange-traded products (ETPs) attracted $3.4 billion in inflows during the week of April 21–25, marking the third-largest weekly inflow on record, according to CoinShares.  

This figure is just 13% below the all-time high of $3.85 billion recorded in early December 2024.  

Bitcoin (CRYPTO:BTC) led the inflows, with investors allocating approximately $3.18 billion to Bitcoin ETPs last week, offsetting all outflows seen since April began.  

Year-to-date inflows into Bitcoin ETPs have now reached $3.7 billion.  

Assets under management (AUM) for Bitcoin ETPs have climbed to $132 billion, contributing to a total crypto ETP AUM of $151.6 billion.  

Among altcoins, Ether (CRYPTO:ETH) saw $183 million in inflows, breaking an eight-week streak of outflows.  

Other altcoins such as XRP (CRYPTO:XRP) and Sui (CRYPTO:SUI) recorded inflows of $31.6 million and $20.7 million, respectively.  

Solana (CRYPTO:SOL) was the only notable exception, with $5.7 million in outflows last week.  

The inflows were distributed across major issuers, with BlackRock’s iShares ETFs receiving $1.5 billion, followed by ARK and Fidelity with $621 million and $574 million, respectively.  

Despite the strong weekly inflows, some issuers including Grayscale, ProShares, and CoinShares have experienced month-to-date outflows.  

CoinShares analyst James Butterfill attributed the renewed interest in crypto ETPs to concerns over the impact of tariffs on corporate earnings and a weakening U.S. dollar, which increased demand for safe-haven assets.  

This trend coincided with a decline in gold prices, which fell from nearly $3,500 on April 22 to around $3,275 on April 23.