LONDON: International crypto exchange-traded products (ETPs) witnessed inflows of $3.4 billion during the period spanning April 21–25, marking the third greatest inflow week on record. The astounding figure was released in a report from digital asset investment entity CoinShares dated April 28, detailing the inflow of cryptocurrency investment products. Such inflows mark strong institutional and retail interest alongside the most significant yearly inflow since 2024.
ETF Bitcoin Kế Thừa Hoạt Động Nạp Tiền
Investment confidence saw a remarkable surge, and as a result, ETPs with a focus on cryptocurrencies, specifically Bitcoin, reaped most of the benefits. This one statistic reveals the extent to which these products captured the capital influx, which helped pull in an astonishing $3.18 billion over the week. This inflow alone was greater than eliminating all the outflows suffered over the course of April, bringing the year-to-date net inflows on their ETPs to a staggering $3.7 billion.
Furthermore, this inflow contributed significantly to the total assets under management (AUM) for Bitcoin ETPs, which is now at $132 billion. Moreover, the AUM across all cryptocurrency ETPs has now increased to $151.6 billion as a testament to the continued growth of this region-defining investment sector.
Diversified Performance Among Altcoin Products
The situation above had a very positive outcome for the majority of altcoin-based ETFs, yet for the altcoin-based ETPs, the outlook was a blend of good and bad. Looking on a brighter side, the second-largest cryptocurrency, Ethereum (ETH), had a notable change of fate. Ether ETPs saw a total of $183 million in inflows, which breaks a streak of 8 consecutive weeks of outflow, which indeed marks a change in sentiment towards the asset. Other altcoins also received investments, with Sui (SUI) products gaining $20.7 million and those linked to XRP garnering $31.6 million of new investments.
Nonetheless, not all altcoins benefited from the surge. According to CoinShares ETP data, Solana (SOL) was the sole deviating asset for major cryptocurrencies. Net outflows of $5.7 million were registered in Solana-based investment products last week, going against the bullish momentum across the crypto ETP market. These outflows occurred uninfluenced by other developments in the Solana ecosystem, such as a lending protocol pausing its activities following a hack.
Widespread Inflows Across Major Issuers
The increased positive flow trend was not limited to one region or provider but rather distributed across the primary ETP issuers in the United States and Europe. Defending this position, we start with BlackRock, who was the first to offset Bitcoin inflows surpassing $1.5 billion into iShares products. Followed by ARK Invest and Fidelity, who accumulated $621 million and $574 million, respectively, into their products.
Grayscale’s net losses due to diminished inflow from one of its subsidiary trusts have kept the company down $84 million month-to-date. CoinShares and ProShares combined recorded further asset drain earlier this month totaling nearly $45 million. While last week’s market shift has rebounded work for some providers, negative asset flows following prior weeks have netted numerous firms lacking their needed surge.
Potential Drivers Behind the Investment Spike
Prior net outflows earlier in 2025 due to shifts in ETP crypto flow could be attributed to fears around nearing tariffs along international lines, impacting net corporate income alongside asset shifts that are vulnerable to detractors of business and bipolar markets. Seeking alternative assets would commonly be preferred by more bearish investors—and with the added weak US dollar, it would heighten appeal for many places of traditional perceived safety, such as Bitcoin, which draws interest from those looking for protection during financial uncertainty.
Curiously, the increase in ETP inflows for cryptocurrencies coincided with a dip in gold prices. The metal’s price, which typically serves as a safe haven, took a significant plunge last week after hitting historic highs of approximately $3,500 per ounce on April 22nd and subsequently sinking to around $3,275 by April 23rd (TradingView Data). This reversal could indicate a rotation of some capital away from safe traditional assets towards digital assets during this unique time period. The stunning inflows highlight renewed confidence, which, alongside the current global economic conditions, points towards changing allocation strategies for navigated investors.
