Cryptocurrency funding merchandise noticed a pointy enhance in inflows final week, driving the year-to-date (YTD) complete above $10 billion, in keeping with information from European crypto funding supervisor CoinShares.
World crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows throughout the week ending Might 24, bringing complete inflows YTD to a report $10.8 billion, CoinShares reported on Might 26.
CoinShares head of analysis James Butterfill mentioned complete property underneath administration (AUM) in crypto ETPs briefly reached an all-time excessive of $187.5 billion, reflecting sturdy investor curiosity.
“We imagine that rising issues over the US financial system, pushed by the Moody’s downgrade and the ensuing spike in treasury yields, have prompted traders to hunt diversification by digital property,” Butterfill wrote.
Bitcoin ETPs lead with $2.9 billion in inflows
Bitcoin (BTC) led final week’s inflows to crypto ETPs with $2.9 billion, 1 / 4 of complete inflows for 2024.
As Bitcoin surged above $110,000 for the primary time on Might 22, some traders turned to short-BTC merchandise, with inflows surging to $12.7 million, the best since December 2024.
Ether (ETH) ETPs continued to see wholesome inflows totaling $326 million final week, marking a fifth straight week of positive factors as momentum continued following the successful Pectra upgrade that went reside on Might 7.
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Whereas the vast majority of altcoin ETPs noticed meager and even zero inflows, XRP (XRP) ETPs had been hit with huge outflows. After posting an 80-week influx streak, XRP funding merchandise posted $37.2 million in outflows, the biggest on report, in keeping with Butterfill.
The wave of outflows for XRP ETPs got here amid an underperforming worth regardless of two key bullish developments for the asset, together with a potential spot XRP exchange-traded fund within the US and $2.2 billion in XRP futures.
Crypto ETPs preserve breaking information
The newest CoinShares information marks one other record-breaking milestone for crypto ETPs, following a historic surge in YTD inflows the earlier week.
In mid-Might, crypto funding merchandise added $785 million in new inflows, pushing the YTD complete to $7.5 billion by Might 16, according to CoinShares.
The brand new influx report not solely surpassed the earlier peak of $7.2 billion recorded in February 2025 but additionally totally recovered the nearly $7 billion of outflows seen throughout the subsequent worth correction in February and March, Butterfill mentioned.
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