Key TakeawaysGlobal crypto ETPs attracted $572M last week, rebounding after a 15-week inflow streak broke the previous week.Ether ETPs led with nearly $270M in inflows, pushing YTD inflows to a record $8.2B and AUM to an all-time high of $32.6B.Bitcoin ETPs recovered with $265M in inflows after two weeks of outflows.Altcoin ETPs tracking Solana, XRP, and Near saw inflows of $21.6M, $18.4M, and $10.1M respectively.BlackRock’s iShares crypto ETFs neared $100B AUM, closing the week at $98.9B.The rebound followed the U.S. government’s approval of digital assets in 401(k) retirement plans.$572M Inflows Signal Crypto Market RecoveryGlobal cryptocurrency exchange-traded products (ETPs) saw a strong rebound last week, with inflows totaling $572 million, according to CoinShares. This marks a recovery from the prior week’s break in a record 15-week inflow streak worth $27.8 billion.The turnaround coincided with Bitcoin and Ether regaining momentum, with ETH crossing $4,000 for the first time since December 2024 and BTC trading above $122,000. Total crypto ETP assets under management (AUM) reached a record $226 billion, while year-to-date inflows hit a historic $30.7 billion.401(k) Approval Boosted SentimentJames Butterfill, head of research at CoinShares, attributed the late-week inflow surge to the U.S. government’s decision to allow digital assets in 401(k) retirement plans.Early in the week, ETPs saw $1B in outflows amid concerns over weak U.S. payroll data. However, the policy announcement sparked $1.57B in inflows in the second half of the week.Ether ETPs Lead With Record GainsEther ETPs captured the largest inflows among all crypto assets, totaling $270M. This brought Ether’s YTD inflows to $8.2B — a new record — and lifted total AUM to $32.6B, up 82% since the start of the year.Bitcoin ETPs also staged a comeback, recording $265M in inflows after two straight weeks of outflows.Altcoins See Targeted Institutional InterestInstitutional flows into altcoin ETPs showed selective buying:Solana (SOL): $21.6M inflowsXRP: $18.4M inflowsNear Protocol (NEAR): $10.1M inflowsBlackRock Nears $100B in Crypto AUMBlackRock’s iShares crypto ETFs led issuer flows with $294M in inflows, although this was 61% lower than the prior week’s $749M. Its AUM closed at $98.9B, nearing the $100B milestone.Other major issuers:Bitwise: $95M inflowsGrayscale: $87M inflows (AUM: $35.4B)Fidelity: Largest outflows at $55MThe combination of institutional policy shifts and renewed Bitcoin/Ether strength could sustain positive inflows, especially if macroeconomic data continues to favor risk assets. Ether’s record-breaking momentum positions it as a leading beneficiary of the current market cycle.