Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows after shedding more than $1 billion in outflows in the previous two weeks.
Crypto investment products saw modest inflows of $6 million during the week of April 14–18, reflecting mixed investor sentiment, CoinShares reported on April 22.
“While the week began with minor inflows, stronger-than-expected US retail sales figures mid-week likely triggered outflows of $146 million,” CoinShares’ head of research James Butterfill wrote.
Weekly crypto ETP flows since late 2024. Source: CoinShares
Total assets under management (AUM) in crypto ETPs edged up 1.4% from roughly $129 billion as of April 11 to $131 billion as of April 18.
All US Bitcoin ETFs are red in April so far
According to the report, BlackRock’s iShares exchange-traded funds saw the biggest inflows last week at $182 million, while major issuers like Fidelity saw $123 million