Crypto ETPs experienced $3.3 billion in new investments last week as Bitcoin and Ethereum rallied.
Last week, investment products linked to digital assets saw inflows totaling $3.3 billion, marking the sixth week of continuous growth.
The most recent weekly report by CoinShares reveals that the total inflows over the last six weeks have reached $10.5 billion, with cumulative year-to-date flows surging to an unprecedented $10.8 billion.
James Butterfill, the head of research at CoinShares, highlighted that rising investor interest has driven the total assets managed in cryptocurrency exchange-traded products (ETPs) to a peak of $187.5 billion.
He commented that growing apprehensions regarding the U.S. economy, catalyzed by a downgrade from Moody’s and a subsequent rise in treasury yields, have led investors to diversify into digital assets.
Bitcoin and Ethereum drive the surge
CoinShares reported that Bitcoin-backed products were the primary contributors to the market activity, garnering $2.9 billion in inflows during the past week alone.
This amount constitutes a quarter of the total inflows for the year 2025 so far, bringing Bitcoin’s year-to-date total to $10.1 billion. Currently, Bitcoin ETPs manage nearly $160 billion in assets.
The ongoing market rally has also renewed interest in shorting Bitcoin.
According to Butterfill, investment products betting against Bitcoin recorded inflows of $12.7 million, the largest seen since December 2024, coinciding with the cryptocurrency reaching a new all-time high of over $111,000 last week.
Ethereum products continued to show robust growth as well, attracting $326 million in inflows over the past week.
This marks the fifth consecutive week of gains for Ethereum, driven by positive market sentiment surrounding the Pectra upgrade, which went live earlier in the month. This month, investment funds associated with Ethereum have seen net inflows of about $568 million.
XRP experiences unprecedented outflows
While Bitcoin and Ethereum ETPs thrived, XRP investment products faced significant declines.
Data from CoinShares revealed that XRP suffered outflows of $37.2 million last week, marking the most significant drop on record and breaking an 80-week run of inflows. This occurred even as institutional engagement increased, particularly with the launch of XRP futures contracts on the CME Group platform.
Conversely, most alternative cryptocurrencies saw moderate activity. Solana products attracted inflows of $4.3 million, while Sui products noted $2.3 million in despite a DeFi exploit affecting its network.
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