XRP News Today: Crypto Funds See $3.7 Billion Inflows in One Week

Crypto funds experienced a significant surge in inflows, totaling $3.7 billion over the course of one week. This influx marks the second-largest weekly inflow on record, highlighting a robust interest in digital assets. The total assets under management (AUM) reached a new high of $211 billion, surpassing the $200 billion mark for the first time. The cumulative inflows for the year now stand at $21.8 billion, marking the 13th consecutive week of positive flows.

Bitcoin and Ethereum were the dominant players in this week's asset flows. Bitcoin led the weekly inflows with $2.731 billion, bringing its monthly inflows to $3.450 billion. Year-to-date, Bitcoin has seen inflows totaling $18.449 billion, with AUM reaching $179.547 billion. Ethereum, on the other hand, posted its 12th consecutive week of inflows, totaling $990.4 million weekly. Its monthly inflows reached $1.192 billion, with year-to-date flows hitting $4.076 billion. Ethereum's AUM stands at $19.681 billion, showing stronger relative performance compared to Bitcoin across various timeframes.

Inflows into Ethereum over the last 12 weeks make up 19.5% of total assets, while Bitcoin’s comparative inflows equal 9.8% of AUM. This indicates that Ethereum has been performing relatively better than Bitcoin in recent weeks.

Other cryptocurrencies also saw varied performance. XRP faced the largest weekly outflows, totaling $104 million, with monthly outflows reaching $93.4 million. Year-to-date flows for XRP remained positive at $231 million, with AUM at $1.550 billion. Solana recorded strong weekly inflows of $92.6 million and monthly inflows of $114.1 million. Sui reported regular inflows of $5.1 million per month and $3.5 million per week. Cardano saw moderate monthly volumes of $0.9 million and weekly flows of $0.5 million. Chainlink faced $0.5 million weekly outflows and $0.3 million monthly outflows. Short Bitcoin products showed $0.4 million weekly and $0.8 million monthly outflows. Other assets combined faced $502 million yearly outflows despite positive activity.

Regionally, the United States dominated the inflows with $3.738 billion in weekly inflows, $4.637 billion in monthly inflows, and $21.614 billion year-to-date. The total AUM in the US hit $160.698 billion. Germany experienced the largest regional outflows with $85.7 million weekly losses and $56.2 million monthly outflows. Year-to-date flows remained positive at $1.015 billion, with total German AUM at $6.681 billion. Switzerland reported strong weekly inflows of $65.8 million and monthly flows of $101.4 million. Despite recent improvements, year-to-date outflows totaled $129 million, with Switzerland’s AUM at $6.630 billion across all products.

Canada regularly registered weekly inflows of $17.1 million and monthly flows of $12.3 million. Year-to-date inflows totaled $152 million, with total assets of $6.997 billion. Australia received small weekly inflows of $1.0 million and monthly inflows of $5.0 million. Brazil had $7.5 million weekly inflows and $16.7 million monthly outflows. Year-to-date flows were positive at $14 million, with assets totaling $1.525 billion. Sweden had $15.7 million weekly inflows and $22.5 million monthly losses. The other areas reported inflows of $4.1 million each week and $6.5 million per month.

Provider flows showed mixed performance. iShares ETFs led provider flows with $2.434 billion weekly inflows and $2.752 billion monthly. Year-to-date flows reached $19.923 billion with total AUM hitting $90.336 billion. Grayscale Investments posted $189 million weekly inflows but faced $1.508 billion outflows yearly. Monthly flows reached $143 million with AUM totaling $33.790 billion. Fidelity Wise Origin Bitcoin Fund recorded $400 million weekly inflows and $648 million monthly. Year-to-date performance reached $897 million with $24.425 billion AUM. ARK 21 Shares posted $339 million weekly and $509 million monthly inflows. Bitwise Funds Trust showed $103 million weekly inflows with $168 million monthly. ProShares ETFs recorded $30 million weekly but $124 million monthly inflows. 21Shares AG posted $58 million weekly with $82 million monthly flows. CoinShares XBT Provider faced outflows of $16 million weekly and $23 million monthly. Year-to-date outflows reached $305 million with $3.885 billion AUM. Other providers combined for $180 million weekly and $259 million monthly.

Total weekly flows across all providers reached $3.717 billion with monthly totaling $4.664 billion. Year-to-date cumulative flows hit $22.678 billion while total AUM reached $211.025 billion. This significant inflow highlights the growing interest and investment in the crypto market, with Bitcoin and Ethereum leading the charge. The regional dominance of the United States and the varied performance of different providers underscore the dynamic nature of the crypto landscape.