Crypto exchange-traded products continued their run of positive inflows last week, though momentum weakened considerably. CoinShares reported that crypto ETPs attracted $230 million in net inflows, extending a positive streak to four consecutive weeks. However, the figure represented a steep decline from the $1.06 billion recorded the previous week. The period also saw $405 million in outflows following the Federal Open Market Committee meeting.
CoinShares head of research James Butterfill attributed the slowdown primarily to how markets interpreted the US Federal Reserve‘s Wednesday meeting as a hawkish pause, rather than to broader geopolitical tensions in the Middle East. Butterfill noted that intra-week data supported this view, with strong inflows in the first two days reversing sharply after the FOMC concluded. The pattern suggests investor sentiment shifted quickly in response to the central bank’s tone.
Bitcoin dominated last week’s ETP activity, accounting for nearly all net gains with $219.2 million in inflows. Ether funds, by contrast, recorded $27.5 million in outflows, ending a three-week run of positive flows. The divergence between the two largest crypto assets highlighted a selective appetite among ETP investors during the period.
Solana continued its strong run, posting $17 million in inflows for the seventh consecutive week and bringing its cumulative seven-week total to $136 million. The asset has emerged as one of the more consistently popular ETP products in recent months. Smaller but notable inflows also came from Chainlink and Hyperliquid, which attracted $4.6 million and $4.5 million respectively.
On a year-to-date basis, crypto ETPs have accumulated $1.4 billion in total inflows, with Bitcoin ETPs leading at $1.2 billion. Total assets under management across the sector stand at $138 billion, according to CoinShares data. These figures reflect sustained institutional interest despite periodic volatility driven by macroeconomic signals.
US spot Bitcoin ETFs contributed roughly half of Bitcoin ETP inflows last week, ending the period with $95.2 million in net gains. According to SoSoValue data, the products have now recorded four straight weeks of gains totaling $2.2 billion. Despite this recent momentum, spot Bitcoin ETFs remain in negative territory for the year, with approximately $400 million in net outflows year-to-date.
US spot Ether ETFs mirrored the broader trend for Ether products, failing to sustain three prior weeks of inflows and posting outflows of around $60 million last week. Year-to-date, spot Ether ETFs have seen $599 million in outflows, while broader Ether ETPs are approximately $50 million underwater over the same period. The figures underscore the continued challenges Ether-focused products face in attracting sustained investor commitment.
Originally reported by CoinTelegraph.
