đ Crypto ETP Inflows Shatter Records: Bitcoin & Ether Fuel the Frenzy
Wall Street's latest love affair? Crypto ETPsâand the honeymoon phase is breaking all expectations. Bitcoin and Ether arenât just leading the charge; theyâre dragging institutional money into the digital age kicking and screaming.
The floodgates are open
Record inflows donât lie. While traditional finance gatekeepers clutch their pearls, smart moneyâs piling into crypto wrappers faster than ever. No asterisks, no apologiesâjust pure demand for exposure without the custody headaches.
Bitcoin: The institutional gateway drug
BTC ETPs are vacuuming up capital like a black hole. Etherâs riding shotgun, proving altcoins arenât just for degens anymore. Together, theyâre turning âuncorrelated assetâ into a boardroom buzzword.
The cynical take?
Same banks that called crypto a scam in 2018 are now racing to package it for their clients. Nothing moves a financierâs heart like seeing fee revenue hit critical mass.
This isnât a trendâitâs a tectonic shift. And the suits are finally reading the memo.
TLDR
- Crypto ETP inflows reached $572 million last week as Bitcoin and Ether prices rebounded.
- Year-to-date inflows climbed to a record $30.7 billion with total assets under management hitting $226 billion.
- Bitcoin ETPs added $265 million after two weeks of outflows supported by a late-week price surge.
- Ether ETPs recorded nearly $270 million in inflows and reached $4,000 for the first time since December 2024.
- Altcoin ETPs for Solana XRP, and Near posted combined inflows exceeding $50 million.
Global crypto ETP recorded $572 million in inflows last week as Bitcoin and ethereum prices recovered sharply. The gains came after a record 15-week inflow streak ended the previous week with $27.8 billion in total inflows. Year-to-date inflows reached a new high of $30.7 billion, while total assets under management hit $226 billion for the first time.
Bitcoin Rally Boosts Weekly Crypto ETP Inflows
Bitcoin ETPs ended two consecutive weeks of outflows by adding $265 million in new inflows. The recovery followed price gains that pushed Bitcoin to $119,995 by weekâs end. Analysts linked the late-week momentum to the U.S. governmentâs decision to allow digital assets in 401(k) retirement plans.
James Butterfill, CoinSharesâ head of research, said early-week sentiment was weaker due to U.S. payroll data concerns. He noted, âIn the latter half of the week, we saw $1.57 billion of inflows.â bitcoin ETP inflows contributed significantly to the $572 million total Crypto ETP inflows for the week.
BlackRockâs iShares crypto ETFs led the issuer rankings, securing $294 million despite being down from $749 million the week before. Grayscale followed with $87 million in inflows, while Bitwise recorded $95 million. Fidelity posted the largest losses among issuers, with $55 million in outflows.
Ether leads market with record inflows
Ether ETPs attracted the largest share of last weekâs Crypto ETP inflows, bringing in nearly $270 million. The asset crossed $4,000 for the first time since December 2024, ending the week at $4,281. Total Ether ETP assets under management reached $32.6 billion, marking an 82% increase this year.
CoinShares reported Etherâs year-to-date inflows at $8.2 billion, setting a new record for the asset. The report showed that Ether ETPs continued their strong July momentum into August, further boosting the overall Crypto ETP inflows to historic highs.
Altcoin ETPs also contributed to the weekâs positive totals. solana added $21.6 million, XRP gained $18.4 million, and Near brought in $10.1 million. Collectively, these assets reinforced the broad-based nature of last weekâs Crypto ETP inflows.
With continued market recovery and supportive policy developments, total assets under management for crypto ETPs now stand at unprecedented levels. Market data suggest that inflows remain driven by both price momentum and regulatory decisions. CoinShares will release updated figures in its following weekly report.