Crypto ETPs record $47M inflows last week amid Bitcoin sell-off

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Last week, cryptocurrency exchange-traded products (ETPs) experienced modest inflows totaling approximately $47 million, following a substantial decline in Bitcoin-related investment products.

As an analyst, I’m sharing some insights from the cryptocurrency market. According to a recent report by CoinShares, investors injected approximately $1 billion into crypto Exchange-Traded Products (ETPs) during the second trading week of 2025. However, it’s important to note that these inflows were partly counterbalanced by weekly outflows amounting to $940 million. This suggests a mixed sentiment among investors regarding cryptocurrencies at this point in time.

According to CoinShares research lead James Butterfill, the significant withdrawals occurred following the disclosure of updated economic data on a national scale and the minutes from the U.S. Federal Reserve meetings. These documents suggested a robust American economy and a more aggressive monetary policy stance by the Fed.

He noted that the positive period following the U.S. election seems to have ended, and now economic data on a larger scale is influencing the cost of assets again.

Bitcoin ETPs net $213 million in weekly inflows

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During the week of January 6th through January 10th, Bitcoin (BTC) investment products attracted a total of $213 million, even though they experienced the most significant outflows compared to other digital assets towards the end of that same week.

This year up until now in 2025, Bitcoin continues to outperform other assets, having attracted a total of $799 million in investments so far, as indicated by the recent report.

After the recent drop in value, the combined value of assets managed by Bitcoin Exchange-Traded Products (ETPs) decreased by approximately 3.5%. This amounted to a reduction from about $130 billion the week before to $125.4 billion at present.

Ethereum sees biggest outflows, XRP gathers steam

Ether (ETH) investment products recorded the biggest outflows last week, totaling $256 million.

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According to Butterfill’s observation, the increase in Ethereum outflows may be more related to a widespread technology market sell-off rather than any particular problem with the asset itself.

Conversely, Ripple’s digital token, XRP (XRP), ranked as the third-largest cryptocurrency in terms of market value, experienced an influx of $41 million into crypto exchange-traded products (ETPs) over the past week.

The main cause for the increase continues to be influenced significantly by political and legal issues, as well as an upward trend in investments, possibly indicating increased enthusiasm before the January 15th deadline set by the U.S. Securities and Exchange Commission for appeals.

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Investments were drawn towards alternative cryptocurrencies such as Aave, Stellar, and Polkadot, even though their prices didn’t perform well, with each receiving inflows of approximately $2.9 million, $2.7 million, and $1.6 million respectively.

Switzerland leads outflows at $85 million

Last week, the United States was the top contributor to cryptocurrency Exchange-Traded Products (ETPs) with an inflow of about $79 million. However, it was Switzerland that saw the largest outflows, totaling approximately $85 million.

In addition, significant contributions were made by Germany and Canada, amounting to $52 million and $37 million each.

In addition to Switzerland, substantial withdrawals were also observed in Hong Kong and Sweden, with about $37 million and $33 million being withdrawn from each country, respectively.

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Besides Switzerland, significant amounts were taken out in Hong Kong and Sweden, totaling approximately $37 million for Hong Kong and $33 million for Sweden.

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Switzerland wasn’t the only country with sizable withdrawals; Hong Kong and Sweden also experienced similar outflows, amounting to around $37 million and $33 million each.

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2025-01-13 15:13