Cryptocurrency exchange-traded products recorded modest inflows last week despite a mixed geopolitical backdrop and growing expectations of tighter monetary policy. CoinShares reported on Tuesday that global crypto exchange-traded products (ETPs) attracted $224 million in inflows, reversing a $414 million outflow from the prior week. The fresh capital pushed total assets under management to approximately $131.8 billion, a level broadly consistent with the same period last year. Year-to-date inflows reached around $1.2 billion, compared with $960 million over the equivalent stretch last year.
James Butterfill, head of research at CoinShares, described the inflows as a brief recovery in investor sentiment that was later undermined by macroeconomic data and shifting policy expectations later in the week. The rebound was therefore short-lived, with momentum reversing before the week closed. Butterfill’s comments suggest the broader environment for crypto investment products remains sensitive to macro signals.
XRP was the standout performer, drawing approximately $120 million in inflows and accounting for more than half of total net weekly gains. Butterfill noted this represented XRP’s largest weekly inflow figure since mid-December 2025. The surge brought XRP’s year-to-date inflows to $159 million, underlining sustained interest in the asset despite broader market uncertainty.
Bitcoin (BTC) ETPs followed with $107 million in inflows, lifting year-to-date flows to just above $1 billion. However, only around $22 million of those gains came from US spot Bitcoin exchange-traded funds (ETFs), which remain in negative territory on a year-to-date basis. Solana (SOL) also posted minor inflows of roughly $35 million for the week, with consistent year-to-date inflows representing approximately 10% of its total assets under management.
In contrast, Ether (ETH) investment products continued to struggle, recording $53 million in outflows last week. That followed $222 million in outflows the week prior, bringing Ether’s year-to-date outflow total to $327 million. The persistent negative trend sets Ether apart from most other major digital assets in terms of investor appetite.
Butterfill linked the negative sentiment surrounding Ether to legislative developments in the United States, specifically the CLARITY Act, a significant piece of crypto regulation closely associated with stablecoins. Stablecoins are predominantly issued on the Ethereum blockchain, making the bill particularly relevant to Ether’s outlook. Senator Bill Hagerty, a member of the US Senate Banking Committee, said on Monday that he anticipates a potential path forward for the bill within the coming weeks, following months of delays.
Geographically, Switzerland led all countries in weekly inflows with approximately $157 million. Germany and the United States each recorded around $28 million in inflows, while Canada contributed $11 million. The distribution highlights Europe’s continued prominence in crypto ETP activity relative to North American markets.
Originally reported by CoinTelegraph.
