Crypto ETP Sees Net Inflows for Five Consecutive Weeks, Totaling Over $4 Billion

On May 5, CoinShares released a report indicating that global crypto asset ETPs recorded a net inflow of $117.8 million last week, marking the fifth consecutive week of net inflows, with a total of over $4 billion accumulated over five weeks and a total management scale of approximately $155 billion. However, there was a noticeable divergence in the funding structure. The report noted a total net outflow of $619 million from Monday to Thursday, but a significant inflow of $737 million on Friday reversed the week into a net inflow, reflecting a significant rebound in market risk appetite before the weekend. Regionally, net inflows in the U.S. market decreased to $47.5 million, a marked slowdown from the previous week’s $1.1 billion; Germany and Canada recorded inflows of $43.8 million and $16 million, respectively, indicating relatively stable performance in European funds. In terms of assets, Bitcoin-related products led with a weekly inflow of $192.1 million, with the U.S. spot ETF contributing approximately $162.8 million; however, Ethereum products experienced a net outflow of $81.6 million. Analysts believe that the number of participating assets decreased from nine to four, indicating a significant weakening of market sentiment in the middle of the week, followed by a recovery.