Bitcoin, XRP and Chainlink drive renewed demand as global crypto ETP assets rebound above $180 billion
Crypto investment products staged a notable recovery last week, marking their second consecutive week of inflows after a sharp multi-week sell-off. Fresh data shows that institutional appetite is returning across major exchange-traded products (ETPs), led by Bitcoin, XRP, and a record surge in Chainlink exposure.
Global crypto ETPs absorbed $716 million in new inflows, extending the previous week’s $1 billion rebound. This momentum follows a period of heightened volatility that saw $5.5 billion exit the market in just four weeks. The renewed inflows pushed total assets under management back above $180 billion, an 8% recovery from November lows.
Despite the rebound, AUM remains below the sector’s peak of $264 billion, reflecting lingering caution tied to macroeconomic pressure. Analysts noted small outflows late in the week as markets reacted to U.S. inflation-related data, hinting at shifting rate expectations.
Bitcoin led all inflow categories with $352 million, maintaining its position as the dominant institutional asset. XRP funds followed with $244 million, continuing a trend of growing alternative-asset exposure.
The standout performer was Chainlink, which drew a record $52.8 million in inflows—equivalent to 54% of its total AUM. This marks one of the strongest single-week allocations to a non-Bitcoin asset this year.
Ether products saw modest gains of $39 million, while short-Bitcoin ETPs shed $19 million, suggesting a reduction in bearish sentiment.
On the issuer side, ProShares led with $210 million in inflows. By contrast, major players saw withdrawals, including $105 million from iShares, $78 million from ARK, and $7 million from Grayscale.
Geographically, inflows were broad-based, led by the United States ($483M), Germany ($97M) and Canada $80.7M. Sweden was the exception, posting $5.6 million in outflows and extending its year-to-date withdrawals to $836 million, the highest globally.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.