Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.
Global crypto ETPs posted $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares reported on March 31.
Despite the two-week positive trend after a five-week outflow streak, total assets under management (AUM) continued to decline, dropping below $134 million by March 28.
Weekly crypto ETP flows since late 2024. Source: CoinShares
Last week’s inflows suggest positive but cautious investor behavior amid core Personal Consumption Expenditures in the US coming in above expectations, CoinShares’ head of research James Butterfill said.
Bitcoin leads weekly inflows
Bitcoin (BTC) investment products attracted the majority of inflows, totaling $195 million for the week, while short-BTC investment products saw outflows for the fourth consecutive week, totaling $2.5 million.
Altcoins, in aggregate, saw a first