Crypto ETPs recorded modest inflows of $47 million last week, reflecting a mixed bag of investor sentiment following a significant sell-off in Bitcoin-focused investment products.
According to a report from CoinShares dated January 13, investors poured $1 billion into crypto ETPs during the second trading week of 2025. However, the impact of these inflows was largely negated by $940 million in outflows. The shift in sentiment came after the release of macroeconomic data and minutes from the US Federal Reserve, which hinted at a robust US economy and a more hawkish monetary policy stance.
“This suggests the post-election honeymoon is over, and macroeconomic data is once again a key driver of asset prices,” noted James Butterfill, head of research at CoinShares.
Bitcoin Steady Amid Market Turbulence, Ethereum Struggles
Bitcoin investment products saw weekly inflows of $213 million, maintaining their status as a top-performing asset in 2025 with year-to-date inflows totaling $799 million. Despite the inflows, Bitcoin experienced significant outflows later in the week, causing the total assets under management (AUM) in Bitcoin ETPs to decline 3.5%, from $130 billion to $125.4 billion.
In contrast, Ethereum faced the largest outflows among digital assets, totaling $256 million. Analysts attributed this to a broader tech sector sell-off rather than specific concerns about Ethereum itself.
Meanwhile, XRP showed resilience, attracting $41 million in inflows amid ongoing optimism surrounding its legal battle with the US Securities and Exchange Commission. Altcoins such as Aave, Stellar, and Polkadot also saw inflows of $2.9 million, $2.7 million, and $1.6 million, respectively, despite lackluster price performance.
Geopolitical Factors Influencing Crypto ETPs
Geographical trends revealed contrasting investor behaviors. The US led with $79 million in inflows, followed by Germany and Canada, which contributed $52 million and $37 million, respectively. However, Switzerland topped the outflow charts with $85 million in withdrawals, signaling a more cautious stance from European investors.
Other regions such as Hong Kong and Sweden also recorded notable crypto ETPs outflows of $37 million and $33 million, respectively, reflecting regional variations influenced by global macroeconomic conditions and localized political factors.
