Crypto ETPs See $1.04 Billion Inflows Bitcoin Leads With $790 Million Ethereum Gains 3%

Investor interest in the crypto market remains robust, with significant inflows into digital assets despite relatively stable prices. Last week, $1.04 billion flowed into crypto exchange-traded products (ETPs), marking the twelfth consecutive week of positive inflows. This sustained investment indicates strong confidence in the broader crypto market.

Bitcoin led the inflows with $790 million added to its ETPs, accounting for 76% of the total market inflow. Although this figure is lower than the previous three weeks, which saw average weekly inflows of $1.5 billion, it still represents a substantial investment. The slowdown in inflows may suggest that investors are becoming more cautious as Bitcoin approaches its record highs, according to James Butterfill, head of research at CoinShares.

Ethereum also saw significant interest, with its ETPs recording $226 million in inflows. This marks the eleventh straight week of positive movement for Ethereum, with total inflows reaching $2.85 billion over this period. Ethereum’s inflows are growing faster relative to its fund size compared to Bitcoin, with weekly inflows making up 1.6% of Ethereum’s assets under management, compared to Bitcoin’s 0.8%. This shift indicates a growing interest in Ethereum’s potential and its role in the broader crypto space.

The total assets under management in crypto investment products reached a new record of $188 billion last week. This milestone was driven by both market price increases and consistent capital inflows. Institutional interest continues to grow, with BlackRock’s crypto funds pulling in $436 million last week, representing 42% of all inflows from fund issuers. This highlights the significant influence of large institutional players in the current market.

Despite lower trading volumes, Bitcoin’s price remains firm above a key level, signaling continued bullish strength. Ethereum, on the other hand, is pulling ahead with stronger returns this quarter, up more than 3% compared to Bitcoin’s just over 1% in gains. This performance gap may indicate a growing shift in institutional focus toward Ethereum. If Ethereum’s inflows continue to grow, it could signal a significant upswing in the altcoin market as well.