Crypto funds see $226M of inflows, but asset values slump — CoinShares

Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.Global crypto ETPs posted another $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares reported on March 31.Despite the two-week positive trend after a five-week outflow streak, total assets under management (AUM) continued to decline, dropping below $134 million by March 28.Weekly crypto ETP flows since late 2024. Source: CoinSharesLast week’s inflows suggest positive but cautious investor behavior amid core Personal Consumption Expenditures in the US coming in above expectations, CoinShares’ head of research James Butterfill said.Bitcoin leads weekly inflowsBitcoin (BTC) investment products attracted the majority of inflows, totaling $195 million for the week, while short-BTC investment products saw outflows for the fourth consecutive week, totaling $2.5 million.Altcoins, in aggregate, saw their first week of inflows totaling $33 million, following four consecutive weeks of outflows totaling $1.7 billion.Flows by asset (in millions of US dollars). Source: CoinSharesAmong individual altcoins, Ether (ETH) saw $14.5 million in inflows. Solana (SOL), XRP (XRP) and Sui (SUI) followed with $7.8 million, $4.8 million and $4 million, respectively.AUM drops to lowest level in 2025 amid price slumpDespite recent inflows, crypto ETPs have failed to trigger a reversal in terms of total AUM.Since March 10, the total crypto ETP AUM dropped 5.7% from 142 billion, amounting to 133.9 billion as of March 28, the lowest level in 2025.Related: BlackRock to launch Bitcoin ETP in Europe — ReportAccording to CoinShares’ Butterfill, the AUM decline could be attributed to a slump in cryptocurrency prices.“Recent price falls have pushed Bitcoin global ETP’s total assets under management to their lowest level since just after the US election at $114 billion,” Butterfill wrote.Bitcoin price chart since Jan. 1, 2025. Source: CoinGeckoSince Jan. 1, 2025, the BTC price has dropped 13.6%, while the total market capitalization has tumbled nearly 20%, according to data from CoinGecko. Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

Mar 31, 2025 - 11:59
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Crypto funds see $226M of inflows, but asset values slump — CoinShares

Crypto funds see $226M of inflows, but asset values slump — CoinShares

Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.

Global crypto ETPs posted another $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares reported on March 31.

Despite the two-week positive trend after a five-week outflow streak, total assets under management (AUM) continued to decline, dropping below $134 million by March 28.

Crypto funds see $226M of inflows, but asset values slump — CoinShares

Weekly crypto ETP flows since late 2024. Source: CoinShares

Last week’s inflows suggest positive but cautious investor behavior amid core Personal Consumption Expenditures in the US coming in above expectations, CoinShares’ head of research James Butterfill said.

Bitcoin leads weekly inflows

Bitcoin (BTC) investment products attracted the majority of inflows, totaling $195 million for the week, while short-BTC investment products saw outflows for the fourth consecutive week, totaling $2.5 million.

Altcoins, in aggregate, saw their first week of inflows totaling $33 million, following four consecutive weeks of outflows totaling $1.7 billion.

Crypto funds see $226M of inflows, but asset values slump — CoinShares

Flows by asset (in millions of US dollars). Source: CoinShares

Among individual altcoins, Ether (ETH) saw $14.5 million in inflows. Solana (SOL), XRP (XRP) and Sui (SUI) followed with $7.8 million, $4.8 million and $4 million, respectively.

AUM drops to lowest level in 2025 amid price slump

Despite recent inflows, crypto ETPs have failed to trigger a reversal in terms of total AUM.

Since March 10, the total crypto ETP AUM dropped 5.7% from 142 billion, amounting to 133.9 billion as of March 28, the lowest level in 2025.

Related: BlackRock to launch Bitcoin ETP in Europe — Report

According to CoinShares’ Butterfill, the AUM decline could be attributed to a slump in cryptocurrency prices.

“Recent price falls have pushed Bitcoin global ETP’s total assets under management to their lowest level since just after the US election at $114 billion,” Butterfill wrote.

Crypto funds see $226M of inflows, but asset values slump — CoinShares

Bitcoin price chart since Jan. 1, 2025. Source: CoinGecko

Since Jan. 1, 2025, the BTC price has dropped 13.6%, while the total market capitalization has tumbled nearly 20%, according to data from CoinGecko. 

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29