Ethereum ETPs Lead $572M Inflows as US Policy Shift Boosts Crypto Sentiment

Key Points

1. Ethereum ETPs recorded a record $268 million in inflows, pushing year-to-date inflows to $8.2 billion and Ethereum's price above $4,300.

2. Bitcoin investment products rebounded with $260 million in inflows after two weeks of outflows, while short Bitcoin products saw $4 million in outflows.

3. The U.S. was the primary growth driver with $608 million in inflows, while Europe (Germany, Sweden, Switzerland) saw net outflows of $54.3 million.

4. Altcoins like Solana ($21.8 million), XRP ($18.4 million), and Near ($10.1 million) attracted notable investor interest.

5. The U.S. government's decision to allow digital assets in 401(k) retirement plans triggered $1.57 billion in inflows in the last two days of the week.