Ethereum ETPs Lead $572M Inflows as US Policy Shift Boosts Crypto Sentiment
Digital asset investment products saw a massive reversal last week, ending with $572 million in net inflows after a very rocky start, according to the latest report from CoinShares.
Latest data from CoinShares the week began with $1 billion in outflows due to investor caution following weaker-than-expected US payroll data. However, momentum shifted sharply midweek as the U.S. government announced it would allow digital assets in 401(k) retirement plans, a move that triggered $1.57 billion in inflows in just the last two days of the week.
The result?
The United States was the primary growth driver, recording $608 million in inflows, while Canada followed with $16.5 million. The U.S.’s year-to-date inflow now stands at over $29 billion.
In contrast, Europe continued to see net outflows, with Germany, Sweden, and Switzerland collectively losing $54.3 million. This divergence reflects differing regional risk appetites and regulatory climates. Sweden’s YTD flow stands at negative $340 million.
In terms of digital assets, Ethereum exchange-traded products (ETPs) outperformed all other assets. They secured $268 million in inflows, the strongest week of the year.
This pushed Ethereum’s year-to-date inflows to a record $8.2 billion. Recent price appreciation has also propelled Ethereum’s assets under management to an all-time high of $32.6 billion, up 82% in 2025.
The effect of this inflow has been largely reflected in the Ethereum spot market. The coin is trading above $4,300 for the first time since 2021. Now optimism is higher that the ETH will break an all-time high soon amid ongoing inflows.
Meanwhile, Bitcoin investment products snapped a two-week streak of outflows with $260 million in inflows. In parallel, short Bitcoin products saw $4 million in withdrawals, signalling improved sentiment toward the asset.
Similarly, the price of Bitcoin in the spot market also reflected the renewed optimism in the ETP investment space. Bitcoin touched $122,300 earlier today, showing determination to break a new all-time high after nearly a month of trading below.
The XRP BTC Connect:
Notably, among altcoins, Solana ($21.8 million), XRP ($18.4 million), and Near ($10.1 million) attracted notable investor interest. This reflects broader diversification trends in the market as the overall sentiment improves.
