Crypto ETPs Draw $3.3B+ Inflows as AUM Hits Record High
Crypto ETPs recorded robust inflows last week, with Digital Asset Research reporting $3.3B and CoinShares noting $1.9B. These flows lifted total assets under management in crypto ETPs to record levels—$239B according to D.A.R. and $40.4B year-to-date per CoinShares. Bitcoin ETPs led the gains, drawing $2.4B and $977M respectively, followed by Ethereum ETPs with $646M and $772M. Solana ETPs added over $198M, including a $145M single-day high, while XRP ETPs saw $69M. Short-Bitcoin ETPs saw $3.5B outflows, cutting their AUM to $83M. The inflows coincided with a 25-basis-point Fed rate cut and price rallies—BTC up 3%, ETH 4.6%, SOL 11%. A $1.65B Solana reserve plan backed by Galaxy Digital, Jump Crypto and Multicoin Capital, plus Galaxy’s $1.5B SOL purchase, underscored renewed investor confidence. Traders should watch ongoing crypto ETP flows and macro shifts for market momentum.
Bullish
Strong inflows into crypto ETPs and record AUM indicate renewed investor confidence. Bitcoin and Ethereum ETPs consistently attracting capital suggest sustained buying pressure, while Solana flows and strategic reserve plans point to growing interest in altcoins. The correlation with the Fed’s rate cut and price rallies underscores potential for further gains. In the short term, heightened ETP demand may drive prices higher as traders capitalize on momentum. Over the long term, continued ETF inflows could reinforce institutional adoption and market stability, supporting a bullish outlook.