$3.3 Billion Floods Into Crypto ETPs as Bitcoin and Ethereum Rally—Wall Street Plays Catch-Up
Crypto exchange-traded products just had their hottest week in months—$3.3 billion poured in as Bitcoin and Ethereum prices ripped higher. Guess traditional finance finally remembered FOMO exists.
Wall Street’s late-to-the-party scramble? Classic. Meanwhile, decentralized assets keep doing what they do best: ignoring gatekeepers and printing gains.
Bitcoin and Ethereum fuel the momentum
According to CoinShares, Bitcoin-backed products dominated market flows, pulling in $2.9 billion last week alone.
That figure represents a quarter of all inflows for 2025 so far and raises Bitcoin’s year-to-date total to $10.1 billion. Collectively, Bitcoin ETPs now manage close to $160 billion in assets.
The latest market rally also sparked renewed interest in shorting Bitcoin.
Butterfill stated that investment products betting against the price of BTC recorded $12.7 million in inflows, their highest since December 2024. This came as its price reached a new all-time high of over $111,000 last week.
Ethereum products also maintained strong momentum, registering $326 million in weekly inflows.
This marks ETH’s fifth week of gains, boosted by market Optimism surrounding the Pectra upgrade, which went live earlier this month. This month, Ethereum-related investment funds have drawn net inflows of around $568 million.
XRP sees record outflows
While Bitcoin and ethereum ETPs soared, XRP investment products experienced historic losses.
CoinShares data showed that XRP saw $37.2 million in outflows last week, the largest on record, snapping an 80-week streak of inflows. This came even as institutional participation grew, mainly due to XRP futures contracts launching on CME Group’s platform.
On the other hand, most altcoins saw modest activity. solana products attracted $4.3 million in inflows, while Sui products recorded $2.3 million despite a DeFi exploit on its network.
