Crypto ETPs See Massive Inflows as Bitcoin Dominates and Ethereum Gains Momentum
- Key Highlights
- Why Is Bitcoin Still Dominating Crypto ETP Inflows?
- How Is Ethereum Gaining Institutional Attention?
- What's Driving Global Institutional Activity?
- How Do Bitcoin and Ethereum Performance Compare?
- What Does This Mean for Crypto Investors?
- Frequently Asked Questions
The crypto market may not be moving much in price, but investor interest isn't waning. Even during relatively calm periods, funds continue flowing into digital assets—especially Bitcoin. Last week alone, $1.04 billion entered crypto exchange-traded products (ETPs), with Bitcoin leading the charge. This marks twelve consecutive weeks of positive inflows, showing strong confidence in the broader market.
Key Highlights
- $1.04B flowed into crypto ETPs last week, marking 12 straight weeks of positive inflows
- Bitcoin led with $790M in ETP inflows, maintaining 76% of total crypto ETP inflows
- Total assets under management in crypto investment products hit record $188B last week
- Ethereum ETPs gained $226M, marking 11 consecutive weeks of inflows
- Institutional interest continues growing, with BlackRock's crypto funds capturing $436M alone
Why Is Bitcoin Still Dominating Crypto ETP Inflows?
Bitcoin attracted the majority of last week's investment, with $790 million added to its exchange-traded products. While this remains a healthy figure, it's below the previous three weeks' average weekly inflows of $1.5 billion. Despite this slowdown, bitcoin maintained a solid 76% share of total market inflows.
James Butterfill, Head of Research at CoinShares, suggests the deceleration might indicate investors becoming slightly more cautious. With Bitcoin hovering near all-time highs, some traders may be pausing to reassess before making bigger moves.
According to TradingView data, Bitcoin's price remains above a key trendline, signaling continued bullish strength before a potential breakout. However, Glassnode reports spot trading volume for Bitcoin has dropped to $5.02 billion, its lowest level in 12 months.
How Is Ethereum Gaining Institutional Attention?
While Bitcoin continues to lead in inflows, ethereum is seeing steady interest. Its exchange-traded products recorded $226 million in inflows last week, marking the eleventh consecutive week of positive movement. During this period, total inflows into Ethereum ETPs have reached $2.85 billion, showing investor focus is broadening beyond Bitcoin.
Ethereum's inflows are growing faster relative to its fund size compared to Bitcoin. Weekly inflows now represent 1.6% of Ethereum's assets under management—double Bitcoin's 0.8% rate. This shift signals growing interest in Ethereum's potential and its broader role in the crypto space.
Ethereum spot ETFs show similar strength. Glassnode reports these ETFs have seen eight consecutive weeks of net inflows, with over 61,000 ETH added during this period. A wallet linked to Grayscale recently deposited 2,070 ETH ($5.27M) into Coinbase Prime, indicating strong institutional activity.
What's Driving Global Institutional Activity?
The broader digital asset market showed strength last week. Total assets under management in crypto investment products reached a new record of $188 billion, supported by both market price increases and consistent capital inflows.
Trading volume remained healthy at $16.3 billion last week, in line with the year-to-date average. The U.S. led with $1 billion in inflows despite markets being closed Friday for Independence Day. Germany and Switzerland also showed growth, with $38.5 million and $33.7 million inflows respectively.
Canada and Brazil saw outflows of $29.3 million and $9.7 million, showing mixed investor sentiment across regions. BlackRock's crypto funds alone captured $436 million last week—42% of all fund issuer inflows—demonstrating the weight of major players in today's market.
How Do Bitcoin and Ethereum Performance Compare?
Bitcoin's price holds firm above a key level, generating Optimism despite lower trading volumes. Meanwhile, Ethereum leads with stronger quarterly returns, signaling a momentum shift.
Key performance indicators:
- Bitcoin maintains position above trendline despite spot volume dropping to 12-month low
- Futures volume also fell to $31.2 billion, showing weak activity despite price increases
- Ethereum has gained over 3% this quarter, while Bitcoin lags with just over 1% gains
- This performance gap may signal a gradual institutional shift toward Ethereum
What Does This Mean for Crypto Investors?
The sustained inflows into crypto ETPs, particularly Bitcoin and Ethereum, demonstrate growing institutional confidence despite market calm. Bitcoin maintains dominance but shows signs of slowing momentum, while Ethereum gains traction with stronger relative growth.
This article does not constitute investment advice. Investors should conduct their own research before making decisions.
Frequently Asked Questions
How much flowed into crypto ETPs last week?
$1.04 billion entered crypto exchange-traded products last week, marking twelve consecutive weeks of positive inflows.
What percentage of inflows went to Bitcoin ETPs?
Bitcoin maintained a 76% share of total crypto ETP inflows last week, attracting $790 million.
How has Ethereum performed in ETP inflows?
Ethereum ETPs gained $226 million last week, marking eleven consecutive weeks of inflows totaling $2.85 billion during this period.
What's the current total assets under management in crypto products?
Total assets under management reached a record $188 billion last week across all crypto investment products.
Which regions saw the most ETP inflows?
The U.S. led with $1 billion in inflows, followed by Germany ($38.5M) and Switzerland ($33.7M). Canada and Brazil saw outflows.
