Crypto ETPs Rebound With $224M Inflows Led by XRP: CoinShares

Cryptocurrency investment products recorded minor inflows last week despite mixed geopolitical signals and increasingly hawkish investor expectations.

Global crypto exchange-traded products (ETPs) clocked $224 million in inflows last week, following a $414 million outflow a week before, CoinShares reported on Tuesday.

The fresh inflows brought total assets under management to about $131.8 billion, roughly in line with levels seen at the same time last year. Year-to-date inflows also totaled about $1.2 billion, compared with $960 million over the same period last year.

The inflows marked a brief rebound in sentiment before later-week macro data and policy expectations reversed momentum, CoinShares head of research James Butterfill said.

XRP leads inflows as Bitcoin trails closely

XRP (XRP) led inflows with about $120 million, contributing more than half of net weekly inflows.

The gains marked XRP’s largest weekly inflows since mid-December 2025, Butterfill noted, bringing its year-to-date inflows to $159 million.

Bitcoin (BTC) ETPs followed closely with $107 million of inflows, bringing year-to-date flows to slightly above $1 billion. Of those gains, only around $22 million was contributed by US spot Bitcoin exchange-traded funds (ETFs), which remain in negative territory year-to-date.

Solana (SOL) also saw minor inflows totaling around $35 million last week, with steady inflows this year representing 10% of total assets under management.

On the other hand, Ether (ETH) investment products continued to lag, posting $53 million in outflows. That followed $222 million in outflows the prior week, bringing year-to-date outflows to $327 million.

Related: CoinShares stock makes US debut on Nasdaq following SPAC merger

CoinShares’ Butterfill attributed the negative sentiment around Ether to developments tied to the CLARITY Act, a major piece of crypto legislation closely linked to stablecoins, which are largely issued on the Ethereum blockchain. Following months of delays, US Senate Banking Committee member Bill Hagerty said Monday that he expects a potential path for the bill in the coming weeks.

Geographically, Switzerland led last week’s inflows at roughly $157 million, followed by Germany and the US, which both recorded about $28 million each, and Canada with $11 million.

Magazine: Your guide to surviving this mini-crypto winter