Last week saw the highest year-to-date influx of funds into cryptocurrency exchange-traded products (ETPs), amounting to approximately $2.2 billion, as reported by the investment company, CoinShares.
The excitement for the incoming U.S. President Donald Trump led to a significant surge in investments into cryptocurrency Exchange-Traded Products (ETPs), as stated by James Butterfill, head of research at CoinShares, in his recent report published on January 20th.
Over the past week, as Bitcoin (BTC) increased by 15%, the value of assets held in cryptocurrency Exchange-Traded Products (ETPs) reached an all-time record of $171 billion.
Last week, I saw a significant surge in funds flowing into my crypto investments, following relatively modest inflows amounting to $47 million during the second week of 2025.
Crypto ETP volumes accounted for 34% of total BTC volumes last week
Last week, the global trade volume for Crypto Exchange-Traded Products (ETPs) stayed robust, amounting to approximately $21 billion. This figure represented around 34% of the total Bitcoin trades conducted on reliable platforms, as stated by Butterfill.
Inflows worth approximately $2.2 billion last week were primarily driven by Bitcoin Exchange-Traded Products (ETPs), with these products receiving around $1.9 billion. This brings the total year-to-date inflows to a staggering $2.7 billion.
In an unexpected turn of events, even with the recent price hikes, there has been a slight withdrawal of funds amounting to $0.5 million from short positions, contrasting the usual trend where we observe inflows following such bullish market momentum, as I, the analyst, have noted.
Ether ETPs remain the poorest performer despite new inflows
Last week, there was a $246 million increase in investments flowing into Exchange-Traded Products (ETPs) tied to Ethereum, or Ether (ETH), marking a reversal from the substantial outflows experienced earlier in the year.
Despite the fact that they have been around this year, Ethereum ETPs have seen the least amount of investment, as indicated by a total outflow of $28 million up until now.
Last week saw a surge in XRP‘s (XRP) progression, as XRP-linked Exchange Traded Products (ETPs) attracted approximately $31 million in investments. In fact, since November 2024, the inflow to these XRP ETPs has dramatically increased to an impressive $484 million, according to recent reports.
BlackRock’s iShares ETFs keep strong, Grayscale continues seeing outflows
Last week, the iShares crypto exchange-traded funds (ETF) managed by BlackRock experienced a significant increase, with a total of $897 million being invested into these funds.
Instead, let me rephrase that for you: Last week, investments worth $145 million were withdrawn from Grayscale’s cryptocurrency ETFs. In total this year, these ETFs have experienced withdrawals amounting to $268 million.
Across different regions, the United States received the bulk of investments worth approximately $2 billion, while Switzerland and Canada also experienced substantial investments totaling around $89 million and $13 million each.
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2025-01-20 15:31