Crypto ETPs Generated $1.1 Billion Inflows

Cryptocurrency investment products attracted significant capital last week, posting their largest weekly inflows since the start of the year.

Global crypto exchange-traded products (ETPs) brought in $1.1 billion, with Bitcoin (BTC) accounting for the majority at $871 million, according to data from CoinShares. This marks the second-largest weekly inflow of 2026, behind only the $2.17 billion recorded in mid-January.

The surge in inflows coincided with volatile spot market conditions, as Bitcoin reclaimed the $70,000 level and briefly moved above $73,000, even while overall market sentiment remained subdued. CoinShares head of research James Butterfill linked the renewed interest to improving macro conditions and geopolitical developments.

Macro factors and institutional demand drive momentum

Butterfill attributed the inflows to a rebound in investor risk appetite, supported by tentative ceasefire signals involving Iran and softer-than-expected US inflation and spending data.

Despite lingering caution in the broader market, the data points to continued institutional demand for regulated crypto investment vehicles. The resilience of ETP inflows suggests that investors are maintaining exposure through structured products even as volatility persists in spot markets.

At the same time, short-Bitcoin strategies also saw increased activity, with $20 million in inflows, marking their strongest weekly performance since November 2024.

Mixed performance across assets and regions

Ether (ETH) ETPs recorded a recovery in sentiment, attracting approximately $196.5 million in inflows after three consecutive weeks of outflows. However, Ether remains one of the few assets still in a net outflow position for the year, totaling around $130 million.

In contrast, Bitcoin continues to dominate, with year-to-date inflows of about $1.9 billion, representing roughly 83% of the $2.3 billion in total crypto ETP inflows so far in 2026. Other assets showed more limited activity. XRP ETPs brought in around $19 million, while Solana ETPs saw minor outflows of approximately $2.5 million.

Regionally, inflows were heavily concentrated in the United States, which accounted for about $1 billion, or 95% of total weekly inflows. US spot Bitcoin ETFs played a central role, contributing $786.3 million during the week, according to SoSoValue. Elsewhere, Germany recorded $34.6 million in inflows, while Canada and Switzerland posted smaller gains of $7.8 million and $6.9 million, respectively.

Sources:

https://www.coingecko.com/en/coins/bitcoin?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7

https://researchblog.coinshares.com/volume-281-digital-asset-fund-flows-weekly-report-2c6f5caccd7c

https://cointelegraph.com/news/crypto-etp-1-1-billion-inflows-strongest-gains-january

https://alternative.me/crypto/fear-and-greed-index/

https://sosovalue.com/assets/etf/us-btc-spot