Crypto ETPs posted another successful week amid US President Donald Trump signing a pro-crypto executive order and Bitcoin reaching a new high.
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Cryptocurrency exchange-traded products (ETPs) posted another strong performance last week, following US President Donald Trump’s executive order proposing a strategic crypto reserve.
Trump’s order proposing the initiation of a strategic crypto reserve was likely one of the catalysts for a fresh injection of $1.9 billion to various crypto ETPs in the last trading week, crypto investment firm CoinShares reported on Jan. 27.
This marks the third consecutive week of inflows into global crypto ETPs, bringing the year-to-date (YTD) total to $4.7 billion.
However, last week’s inflows were down roughly 13% from the previous week, which saw $2.2 billion injected into crypto ETPs, according to CoinShares.
Bitcoin ETP inflows account for 92% of all crypto ETP inflows YTD
Bitcoin (BTC)-based crypto ETPs accounted for the majority of inflows, attracting $1.6 billion last week, bringing YTD inflows to $4.4 billion, or 92% of all crypto ETP inflows YTD, CoinShares’ research head James Butterfill said in the update.
With Bitcoin setting a new all-time high above $109,000 on Jan. 20, short Bitcoin ETPs regained traction last week, posting $5.1 million inflows, Butterfill noted.
Total assets under management (AUM) for all crypto ETPs reached $171 billion, with Bitcoin ETPs accounting for 82% of the total.
All outflows were offset by inflows last week
Ether (ETH)-based ETPs saw inflows of $205 million last week, continuing their rebound despite early-year selling. YTD inflows for Ether ETPs reached $177 million.
XRP (XRP) ETPs also saw a further $18.5 million in inflows, down about 40% from the previous week.
The most notable ETP flows among altcoins were Solana (SOL), Chainlink (LINK) and Polkadot (DOT), with inflows of $6.9 million, $6.6 million and $2.6 million, respectively.
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“Unusually, no digital asset investment products saw outflows last week,” Butterfill stated.
Grayscale continues seeing outflows
Among crypto ETP issuers, BlackRock continued to lead the flows, with weekly inflows totaling $1.5 billion, or 76% of all crypto ETP inflows last week. The issuer has $2.9 billion of inflows YTD, with a total AUM of $64 billion.
Other prominent issuers, Fidelity and ARK, saw inflows of $202 million and $173 million, respectively.
On the other hand, Grayscale continued to see major outflows from its crypto ETPs, leading weekly outflows at $124 million.
Since the beginning of 2025, Grayscale’s crypto ETPs have recorded a total of $392 million in outflows.
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This article first appeared at Cointelegraph.com News