tl;dr
The Crypto ETP market experienced a boost with $226 million in inflows, led by a resurgence in Bitcoin. According to CoinShares, this marks the ninth consecutive day of positive flows, indicating a cautious return of institutional participation. Bitcoin attracted $195 million in inflows, while altco...
The Crypto ETP market saw a boost with $226 million in inflows, led by a resurgence in Bitcoin. CoinShares reported that this marked the ninth consecutive day of positive flows, indicating a cautious return of institutional participation. Bitcoin attracted $195 million in inflows, while altcoin ETPs saw net inflows for the first time in five weeks, totaling $33 million. Regional participation was concentrated in the U.S. and Europe, with minor outflows in Hong Kong and Brazil. Despite the inflows, investor positioning remains cautious due to the complex macroeconomic backdrop, with sensitivity to inflation data shaping crypto allocation decisions. CoinShares's data shows the ninth straight day of inflows despite macroeconomic headwinds. Digital asset investment products recorded $226 million in inflows last week, marking the ninth consecutive trading day of net positive flows across exchange-traded products (ETPs). The report indicates a cautious resurgence of institutional participation following record outflows earlier in the month. Bitcoin attracted the most activity, with $195 million in inflows. Meanwhile, short Bitcoin products saw $2.5 million in outflows, extending a four-week trend of declining bearish positioning. Altcoin ETPs posted net inflows totaling $33 million for the first time in five weeks. This rotation suggests a modest uptick in investor appetite beyond Bitcoin after four consecutive weeks of altcoin outflows that totaled $1.7 billion. Ethereum led the group with $14.5 million inflows, followed by Solana at $7.8 million. XRP and Sui saw $4.8 million and $4.0 million respectively. The figures suggest that while Bitcoin remains the primary focus for institutional capital, select layer-1s and payment-oriented protocols are regaining traction as macro uncertainty weighs on broader risk appetite. Regional participation was concentrated across major Western markets. The United States recorded $204 million in net inflows, followed by Switzerland at $14.7 million and Germany at $9.2 million. Minor outflows occurred in Hong Kong ($2.1 million) and Brazil ($1.3 million), indicating some geographic divergence in sentiment, though overall regional participation remained net positive. However, the weekly inflow trend was briefly interrupted on Friday when ETPs experienced $74 million in net outflows, attributed to the release of higher-than-expected U.S. core personal consumption expenditure (PCE) data. Despite the week’s net inflows, investor positioning was characterized as cautious, reflecting the complex macroeconomic backdrop. The sensitivity to inflation data illustrates how central bank policy continues to shape crypto allocation decisions. The report stresses the importance of cross-asset correlations and macroeconomic drivers in shaping institutional behavior. Current trends suggest investors are selectively reentering digital asset markets, preferring Bitcoin and large-cap altcoins while maintaining defensive positioning in response to potential interest rate volatility.