Global Crypto ETPs Log Fifth Straight Week of Inflows, Topping $4 Billion

CoinShares said in a May 5 report that global crypto-asset ETPs posted $1.178 billion in net inflows last week, extending the streak to five consecutive weeks and taking cumulative inflows over the period to more than $4 billion. Total assets under management rose to about $155 billion. Flows were uneven through the week. The report showed a combined net outflow of $619 million from Monday to Thursday, followed by a $737 million surge on Friday that lifted the week into positive territory, pointing to a sharp pickup in risk appetite heading into the weekend. By region, U.S.-listed products attracted $47.5 million, down sharply from $1.1 billion the prior week. Germany and Canada recorded net inflows of $43.8 million and $16 million, respectively, while Europe remained relatively steady. By asset, Bitcoin-related products led with $192.1 million of inflows, including roughly $162.8 million into U.S. spot ETFs. Ethereum-related products saw $81.6 million in net outflows. CoinShares added that the number of assets drawing meaningful participation fell from nine to four, signaling a midweek dip in sentiment before a late-week rebound.