{"id":128618,"date":"2025-05-05T12:22:45","date_gmt":"2025-05-05T12:22:45","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128618"},"modified":"2025-05-05T12:22:45","modified_gmt":"2025-05-05T12:22:45","slug":"crypto-funds-raked-in-2b-last-week-pushing-3-week-haul-to-5-5b","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128618","title":{"rendered":"Crypto funds raked in $2B last week, pushing 3-week haul to $5.5B"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency investment products attracted $2 billion in new inflows last week, according to the European investment firm CoinShares.<br \/>\nGlobal crypto exchange-traded products (ETPs) have added $5.5 billion in inflows in the past three weeks, according to the latest weekly report from CoinShares.<br \/>\nWith the new inflows, total assets under management (AUM) in all crypto ETPs worldwide jumped 3.3% from $151 billion to $156 billion.<br \/>\nAlthough the positive trend has continued for the past three weeks, the latest weekly inflows were down 41% from last week\u2019s $3.4 billion of inflows \u2014 the third-largest crypto ETP inflows on record.<br \/>\nInflows slowed down despite new Bitcoin gains<br \/>\nThe slowdown in crypto ETP inflows came despite Bitcoin (BTC) seeing some brief gains last week, with the price rising from about $94,300 on April 28 to an intraweek high above $97,000 on May 2, according to data from CoinGecko.<br \/>\nIn the trading week from April 28 to May 2, Bitcoin saw $1.8 billion of inflows, down 43% from the week before.<br \/>\nCrypto ETP flows by asset as of May 3, 2025 (in millions of US dollars). Source: CoinSharesHowever, bearish investors increased positions as short Bitcoin ETPs saw a 300% spike in inflows compared to the previous week, up to $6.4 million from $1.6 million.<br \/>\nAltcoins Ether (ETH) and XRP (XRP) saw ETP inflows of $149 million and $10 million, respectively.<br \/>\nRelated: BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market<br \/>\nWith Bitcoin accounting for 98% of all year-to-date crypto ETP inflows, total inflows this year amounted to $5.6 billion as of May 3.<br \/>\nInflows concentrated with BlackRock\u2019s iShares<br \/>\nAccording to CoinShares data, crypto ETP inflows were highly concentrated with BlackRock\u2019s iShares products, which saw as much as $2.7 billion last week.<br \/>\nStill, crypto ETPs by issuers like ARK Invest and Fidelity Investments were bleeding last week, with outflows amounting to $458 million and $201 million, respectively.\u00a0\u00a0<br \/>\nCrypto ETP flows by issuer as of May 3, 2025 (in millions of US dollars). Source: CoinSharesOther issuers such as Bitwise, Grayscale and ProShares recorded minor outflows for their crypto ETP products last week, totaling $36 million, $31 billion and $25 million, respectively.<br \/>\nMagazine: Bitcoin to $1M \u2018by 2029,\u2019 CIA tips its hat to Bitcoin: Hodler\u2019s Digest, April 27 \u2013 May 3<a href=\"https:\/\/cointelegraph.com\/news\/crypto-funds-add-2b-in-weekly-inflows-reaching-5-5b-in-three-weeks?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency investment products attracted $2 billion in new inflows last week, according to the European investment firm CoinShares. Global crypto exchange-traded products (ETPs) have added $5.5 billion in&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128618"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128618"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128618\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128618"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}