tl;dr
Bitcoin and XRP led a $527 million inflow recovery in crypto exchange-traded products (ETPs) despite market volatility. The United States dominated inflows with $474 million last week and $5 billion year-to-date (YTD), followed by Europe with $78 million weekly and $93 million YTD. XRP attracted $15...
Crypto exchange-traded products (ETPs) saw a $527 million inflow recovery, with Bitcoin and XRP leading the way despite market volatility. The United States dominated inflows, with $474 million last week and $5 billion year-to-date (YTD). Europe followed with $78 million weekly and $93 million YTD. XRP attracted $15 million in inflows, while Ethereum ended with neutral net flows.
Crypto ETPs have seen $44 billion in inflows this year and $5.3 billion YTD, with Bitcoin investment products remaining the top choice for investors. The market rebounded strongly, attracting over $1 billion in inflows later in the week, aligning with the broader market trends.
Bitcoin investment products remained the top choice among investors, supported by the ongoing success of spot Bitcoin ETFs. BlackRock’s IBIT dominated inflows, pulling in $918 million. However, these gains were partially offset by significant outflows from major issuers like Fidelity, Grayscale, and Bitwise, which collectively lost $465 million.
XRP maintained its strong performance, attracting $15 million in inflows last week and reaching $105 million YTD. Ethereum had a more challenging week and ended with neutral net flows. Blockchain equities have attracted $160 million in YTD inflows as investors view the recent price dips as a buying opportunity.