Ethereum ETP Nyin Total Na $572M, AUM Dey Set New Record

CoinShares latest data report show say crypto ETP dem get inflows of $572 million last week, wey Ethereum ETPs carry come $268 million. Dis one raise ETH product year-to-date inflows to $8.2 billion and AUM to $32.6 billion, wey be 82% jump year-over-year. Bitcoin ETP dem see $260 million net inflows. For altcoins side, Solana lead with $21.8 million, follow by XRP ($18.4 million), Near ($10.1 million), Cardano ($1.5 million), Chainlink ($0.7 million) and Stellar ($0.6 million). For region level, US funds record $608 million inflows, Canada get $16.5 million, while Europe face $54.3 million outflows. Early-week outflows near about $1 billion, Wey weak US jobs data trigger, dem reverse am midweek afta regulators approve crypto to dey inside 401(k) plans, add $157 million. For year-to-date, global crypto ETP inflows total record $30.7 billion, push ETP AUM reach $226 billion. Traders dey see these steady inflows as sign say institutional demand dey grow and market momentum remain positive.
Bullish
Plenty institutional money dem dey enter Ethereum and oda ETPs show say adoption and demand dey grow large. Di middle of di week change after 401(k) approval show how regulashun fit affect capital flow. Short term, heavy inflow dey support price against selling wahala, long term, constant institutional interest plus record AUM dey show say market dey bullish, as demand and market depth dey usually push price up.