Cryptocurrency exchange-traded products (ETPs) experienced a significant surge in investments, securing the third-largest inflows on record. CoinShares reported that during the trading week of April 21–25, crypto ETPs drew in $3.4 billion, nearly reaching the all-time high set in December 2024.
Bitcoin ETFs Lead the Charge as Market Rebounds
The recent surge in crypto ETP inflows came as Bitcoin (BTC) reasserted itself, breaking above $90,000 for the first time since March 2025. This marked a fresh wave of institutional confidence in Bitcoin, as BTC ETPs alone attracted an impressive $3.18 billion in inflows.
Bitcoin ETP Assets Soar to $132 Billion
With these robust inflows, Bitcoin’s total assets under management (AUM) now stand at an impressive $132 billion, while the total AUM across all crypto ETPs has surged to $151.6 billion.
The bullish sentiment surrounding Bitcoin is driving year-to-date (YTD) inflows to $3.7 billion, effectively covering all previous outflows seen earlier this year.
Solana Faces Setbacks Amid Strong Performance from Other Cryptos
While Bitcoin saw massive inflows, Solana (SOL) was the only cryptocurrency to experience outflows, with $5.7 million being withdrawn from Solana-based investment products.
Meanwhile, Ether (ETH), the second-largest cryptocurrency, saw $183 million in inflows, breaking an eight-week streak of outflows.
Altcoins See Stronger Investor Interest
Other altcoins like Sui (SUI) and XRP (XRP) also witnessed a positive flow, with $20.7 million and $31.6 million in inflows, respectively. This suggests that investor interest is not limited to Bitcoin alone but is spreading across the broader crypto landscape.
Investment Products Across the Globe See Substantial Inflows
The significant crypto ETP inflows were spread across various issuers, including BlackRock, ARK, and Fidelity, with BlackRock’s iShares ETFs leading the pack with $1.5 billion in inflows.
Other notable issuers such as ARK and Fidelity saw $621 million and $574 million respectively. Despite the overall surge, some issuers, including Grayscale and ProShares, continue to experience outflows, underlining the volatile nature of the market.
Why the Surge in Crypto ETP Inflows?
The resurgence in crypto ETP inflows comes as global financial uncertainty drives investors toward alternative assets. According to James Butterfill of CoinShares, factors like tariff concerns, weakening of the US dollar, and a decline in gold prices contributed to the renewed demand for safe-haven assets like Bitcoin.
“The shift in market sentiment and renewed investor interest reflect growing concerns over global economic stability,” Butterfill stated.
As gold prices dropped from a peak of nearly $3,500 on April 22 to as low as $3,275 on April 23, Bitcoin emerged as an attractive alternative investment for risk-conscious institutions.
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