Crypto ETPs Gain $47 Million as Bitcoin Experiences Sell-Off
Crypto Exchange-Traded Products See $47 Million Inflows Amid Shifting Market Sentiment
Crypto exchange-traded products (ETPs) recorded $47 million in inflows last week, according to a report from CoinShares. This follows a significant $1 billion influx during the second week of 2025, which was nearly offset by $940 million in outflows.
CoinShares research lead James Butterfill attributes the recent inflows to a shift in market sentiment, influenced by newly released macroeconomic data and the U.S. Federal Reserve's minutes. The Fed's hawkish stance, reflecting optimism about a stronger U.S. economy, has prompted investors to adjust their strategies.
Key Highlights:
Bitcoin Leads the Way: Bitcoin ETPs recorded $213 million in net inflows during the week of Jan. 6-10, maintaining its position as the year’s top-performing crypto asset with cumulative inflows of $799 million. However, total assets under management (AUM) for Bitcoin ETPs declined by 3.5%, from $130 billion to $125.4 billion, following market sell-offs.
Ethereum Faces Outflows: Ethereum-based products saw the largest outflows at $256 million. Butterfill noted that this trend reflects a broader technology sector sell-off rather than Ethereum-specific concerns.
XRP Gains Momentum: XRP investment products attracted $41 million in inflows, buoyed by optimism over the upcoming U.S. SEC appeal deadline on Jan. 15.
Geographical Trends:
- The U.S. led inflows with $79 million.
- Switzerland experienced the highest outflows, totaling $85 million.
- Germany and Canada added $52 million and $37 million in inflows, respectively.
- Hong Kong and Sweden saw significant outflows of $37 million and $33 million, respectively.
The evolving macroeconomic environment and investor sentiment continue to shape the dynamics of the cryptocurrency ETP market, with Bitcoin and XRP emerging as strong performers despite ongoing challenges.