Key Highlights
- Crypto ETPs recorded $1.2 billion in inflows, marking four straight weeks of gains and the strongest run of the year.
- Bitcoin led the inflows with $932.5 million, pushing its yearly total to $4 billion as it traded above $76,000.
- The U.S. dominated inflows with $1.1 billion, while Ethereum, XRP, and blockchain ETFs also saw steady demand.
Global crypto exchange-traded products (ETPs) saw strong money inflows of $1.2 billion last week, marking the fourth consecutive week of positive flows, according to CoinShares.
These inflows came as Bitcoin (BTC) traded at its highest level since early February, moving above the $76,000 range after recovering from a previous drop earlier in the year.
The inflows were mainly driven by the United States and Europe, where more investors increasingly used regulated crypto investment products to gain exposure to digital assets without buying coins directly.
Four weeks of steady money flow
This four-week inflow streak is the strongest run of the year so far, reaching about $3.9 billion, surpassing the previous peak of $2.9 billion recorded in March.
CoinShares reported that this is happening because more investors are returning to crypto markets as prices recover. At the same time, the total value of assets managed in crypto ETPs went up to $155 billion, which is the highest level since February 1.
Bitcoin leads the market
Bitcoin remained the main driver of the inflows, pulling in $932.5 million last week alone. This brings Bitcoin’s total inflows for the year so far to $4 billion.
A large share of the money came from US-listed spot Bitcoin ETFs, which recorded approximately $824 million in inflows, according to data from SoSoValue.Â
Ethereum followed with $192 million in inflows, marking the third consecutive week above $190 million. Its year-to-date inflows now stand at $390 million, indicating steady investor interest beyond Bitcoin.
XRP also returned to positive flows after the previous week’s $56 million outflows. At the same time, short-Bitcoin products, which are used by investors betting on price drops, saw $16.5 million in inflows. This means some traders are still hedging or protecting themselves in case prices fall, but the demand for these products is not very strong.
Blockchain ETFs extend gains
Blockchain equity ETFs also recorded strong inflows. These funds, which invest in companies involved in blockchain and crypto-related technology, have now seen $617 million over the past three weeks.
Regionally, the United States led with $1.1 billion in inflows, making it the largest contributor to the global total. Germany followed with about $62 million, more than double the previous week’s figure. Switzerland also reversed its previous outflows of $138 million and posted $35 million in inflows. This alone is showing renewed interest in the market.
At the same time, investor attention seems to be turning to the upcoming Federal Open Market Committee (FOMC) meeting, which is scheduled for April 28–29. This may be influencing investor caution at the margins.
Also Read: Strive Acquires $61M in Bitcoin, Boosts Holdings to $1.3B
