Digital asset exchange-traded products (ETPs) recorded weekly inflows exceeding $700 million in recent reports from CoinShares, a leading digital asset manager.
CoinShares‘ most recent updates highlight positive momentum: One week showed $716 million in inflows, pushing total assets under management (AuM) to $180 billion still below the all-time high of $264 billion.
A subsequent week saw $864 million in inflows, marking the third consecutive week of gains and reflecting cautious optimism despite mixed price performance after the US Federal Reserve’s interest rate cut.
Bitcoin led with inflows around $352–522 million, though year-to-date figures lag behind 2024 levels. Standout performers included XRP up to $245–289 million in prior weeks, with YTD inflows surging and Chainlink record inflows relative to AuM.
Other assets like Ethereum, Solana, Aave, and Chainlink saw smaller positive flows, while selective outflows hit assets like Hyperliquid. Geographically, the US dominated, followed by Germany and Canada, accounting for most of 2025’s demand.
This trend signals recovering investor confidence following earlier outflows in November, driven by improving sentiment, regulatory clarity, and anticipation of macroeconomic easing. These inflows represent broad-based but concentrated interest in established digital assets via regulated ETPs.
The sustained inflows into digital asset exchange-traded products (ETPs)—ranging from $716M to over $1B in recent weeks as of mid-December 2025—signal a notable shift in the crypto market following earlier outflows and volatility.
These flows, primarily into regulated vehicles like ETFs, have several key implications: After four weeks of heavy outflows totaling ~$5.7B earlier in the period driven by hawkish Fed signals and macroeconomic uncertainty, the reversal to consecutive positive weeks reflects cautious optimism.
Investors appear to be interpreting potential Fed rate cuts and stabilizing macro conditions favorably, viewing dips as buying opportunities. Short-Bitcoin products seeing outflows (e.g., $18-19M) further indicates waning bearish bets, often a precursor to sentiment bottoms.
Inflows directly increase demand for underlying assets via ETP issuers buying spot crypto, providing structural buying pressure. Bitcoin has led absolute inflows ~$352M in recent weeks, but year-to-date figures lag 2024, suggesting room for catch-up if momentum builds.
Altcoins like XRP record inflows, YTD surging due to ETF launches and regulatory clarity and Chainlink highlight diversification, potentially supporting broader market rallies. Despite mixed price action in December 2025, Bitcoin price is fluctuating around $85K-$92K amid volatility, these flows could stabilize prices and fuel rebounds, especially if rate cuts materialize.
Heavy concentration in the US often >80% of flows, followed by Germany and Canada, underscores reliance on regulated markets with strong infrastructure. Shift toward “flight to quality” assets— large-cap like BTC, ETH, XRP over speculative ones, with selective outflows in niche products.
This points to crypto’s evolution into a strategic asset class for institutions, hedging macro risks rather than pure speculation. Rising AuM to ~$180B from November lows, though below $264B peak boosts liquidity and visibility in traditional finance.
Encourages further product innovation and integration with TradFi, as seen in projections for tokenized assets and stablecoin growth. However, risks remain: Inflows are “cautious” per analysts, and reversals could occur if inflation data disappoints or rate cuts delay.
Overall, these inflows mark a stabilization phase post-volatility, potentially setting the stage for renewed growth into 2026 if sentiment continues improving. They reinforce crypto’s resilience through regulated channels, attracting capital back toward established assets amid uncertain macros.
