Isabella García
Crypto investment vehicles attracted another $2 billion in capital last week, continuing a three-week streak of positive inflows, according to new data from CoinShares, a leading European digital asset investment firm.
Global exchange-traded products (ETPs) for cryptocurrencies have now pulled in $5.5 billion over the last three weeks, boosting total assets under management (AUM) by 3.3% — from $151 billion to $156 billion.
While sentiment remains bullish, the latest numbers represent a 41% drop from the previous week’s $3.4 billion in inflows, which marked the third-highest weekly inflow on record for crypto ETPs.
Bitcoin Still Dominates, But Inflows Weaken
Even as Bitcoin briefly rallied — climbing from around $94,300 on April 28 to over $97,000 on May 2, according to CoinGecko — inflows into Bitcoin-focused ETPs slowed.
Investors added $1.8 billion into Bitcoin ETPs during that week, down 43% from the week before.
Interestingly, short Bitcoin ETPs saw a 300% spike in inflows, increasing from $1.6 million to $6.4 million, signaling growing hedging activity among bearish investors.
Altcoins Attract Modest Inflows
Outside of Bitcoin, Ethereum ETPs gained $149 million, while XRP ETPs brought in $10 million in fresh capital — a sign that altcoin interest remains stable but secondary.
Bitcoin continues to dominate 2025’s crypto ETP market, accounting for 98% of all year-to-date inflows, with $5.6 billion added as of May 3.
BlackRock Sees Strong Growth While Others Bleed
The majority of last week’s crypto ETP inflows were funneled into BlackRock’s iShares, which received a staggering $2.7 billion.
In contrast, ARK Invest and Fidelity Investments experienced significant outflows, totaling $458 million and $201 million, respectively.
Other issuers such as Bitwise, Grayscale, and ProShares also posted smaller outflows of $36 million, $31 million, and $25 million.
