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Crypto ETPs See Unprecedented $2.2B Weekly Surge as Bitcoin Rallies

20.01.2025 17:30 2 min. read Alexander Zdravkov
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Crypto ETPs See Unprecedented $2.2B Weekly Surge as Bitcoin Rallies

The cryptocurrency market witnessed a surge in ETP inflows last week, hitting a record $2.2 billion, according to a recent report.

Bitcoin’s 15% price jump over the same period pushed the total assets under management (AUM) in crypto ETPs to an all-time high of $171 billion. Global trading volumes for these products remained robust at $21 billion, representing 34% of total Bitcoin trading on trusted platforms.

Bitcoin ETPs were the primary driver of inflows, contributing $1.9 billion and bringing their year-to-date total to $2.7 billion. Surprisingly, short Bitcoin positions saw minor outflows of $0.5 million despite the strong upward price movement, a deviation from typical patterns.

Ethereum-based ETPs also recorded $246 million in inflows, slightly offsetting earlier outflows this year. However, Ethereum products remain the weakest performers, with $28 million in net outflows since January. Meanwhile, XRP-based ETPs continued their momentum, adding $31 million in inflows last week, bringing total inflows since late 2024 to $484 million.

BlackRock’s iShares crypto ETFs led the pack with $897 million in inflows last week, while Grayscale’s products continued to struggle, reporting $145 million in outflows. Grayscale’s cumulative outflows for the year now stand at $268 million.

Regionally, the United States dominated with $2 billion in inflows, followed by Switzerland and Canada, which contributed $89 million and $13 million, respectively. This influx highlights a growing appetite for crypto investment products across major markets.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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