Crypto funds post $1.9B inflows as Ether leads weekly gains

Key Points

1. Global crypto ETPs recorded $1.9 billion in inflows for the week, bringing year-to-date inflows to $29.5 billion and total AUM to $221.4 billion.

2. Ether investment products drove the majority of inflows with $1.59 billion, marking the second-largest weekly inflow on record.

3. Solana and XRP ETPs also saw significant inflows of $311.5 million and $189.6 million, respectively.

4. Bitcoin ETPs experienced minor outflows of $175 million, ending a 12-day inflow streak.

5. CoinShares' head of research suggested altcoin inflows may be driven by anticipation of potential US ETF launches rather than broad-based enthusiasm.