Crypto ETPs See Modest Inflows Last Week, Extending a Reversal From a Record-Breaking Streak of Outflows

Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.

Cryptocurrency exchange-traded product (ETP) inflows continued for a second consecutive week, suggesting that investors are becoming slightly more positive on digital assets.

Global crypto ETPs saw an inflow of $226 million in the last trading week, adding to the previous week’s $644 million, digital assets management firm CoinShares reported on Friday.

The positive trend comes after a record-breaking streak of outflows, which amounted to $1.7 billion in four weeks.

However, 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, with a total of $195 million for the week, while short-BTC investment products saw outflows for the fourth consecutive week, amounting to $2.5 million.

Altcoins, in aggregate, saw their first week of inflows with a total of $33 million, following four consecutive weeks of outflows totaling $1.7 billion.

Flows by asset (in millions of US dollars). Source: CoinShares

Among individual altcoins, Ether (ETH) saw $14.5 million in inflows. Solana (SOL), XRP (XRP) and Sui (SUI) followed with $7.8 million, $4.8 million and $4 million, respectively.

AUM drops to lowest level in 2025 amid price slump

Despite recent inflows, crypto ETPs have failed to trigger a reversal in terms of total AUM.

Since March 10, the total crypto ETP AUM dropped 5.7% from 142 billion, amounting to 133.9 billion as of March 28, the lowest level in 2025.

Related: BlackRock to launch Bitcoin ETP in Europe — Report

According to CoinShares’ Butterfill, the AUM decline could be attributed to a slump in cryptocurrency prices.

“Recent price falls have pushed Bitcoin global ETPs’ total assets under management to their lowest level since just after the US election at $114 billion,” Butterfill wrote.

Bitcoin price chart since Jan. 1, 2025. Source: CoinGecko

Since January 1, 2025, the BTC price has dropped 13.6%, while the total market capitalization has tumbled nearly 20%, according to data from CoinGecko.