According to Cointelegraph, cryptocurrency exchange-traded products (ETPs) witnessed significant inflows last week, following U.S. President Donald Trump's executive order proposing the establishment of a strategic crypto reserve. This development is believed to have contributed to a fresh injection of $1.9 billion into various crypto ETPs during the last trading week, as reported by crypto investment firm CoinShares on January 27.
This marks the third consecutive week of inflows into global crypto ETPs, bringing the year-to-date total to $4.7 billion. However, last week's inflows were approximately 13% lower than the previous week, which saw $2.2 billion invested in crypto ETPs, according to CoinShares. Bitcoin-based crypto ETPs dominated the inflows, attracting $1.6 billion last week, which accounts for 92% of all crypto ETP inflows year-to-date. CoinShares' research head, James Butterfill, highlighted that Bitcoin reached a new all-time high above $109,000 on January 20, leading to renewed interest in short Bitcoin ETPs, which recorded $5.1 million in inflows.
The total assets under management for all crypto ETPs reached $171 billion, with Bitcoin ETPs comprising 82% of the total. Ether-based ETPs also experienced inflows of $205 million last week, continuing their recovery despite early-year selling, bringing year-to-date inflows for Ether ETPs to $177 million. XRP ETPs saw an additional $18.5 million in inflows, although this was a decrease of about 40% from the previous week. Among altcoins, Solana, Chainlink, and Polkadot ETPs recorded inflows of $6.9 million, $6.6 million, and $2.6 million, respectively. Notably, no digital asset investment products experienced outflows last week, as stated by Butterfill.
In terms of crypto ETP issuers, BlackRock led the inflows with $1.5 billion, representing 76% of all crypto ETP inflows last week. The issuer has accumulated $2.9 billion in inflows year-to-date, with a total assets under management of $64 billion. Other significant issuers, Fidelity and ARK, recorded inflows of $202 million and $173 million, respectively. Conversely, Grayscale continued to experience substantial outflows from its crypto ETPs, leading the weekly outflows with $124 million. Since the beginning of 2025, Grayscale's crypto ETPs have reported a total of $392 million in outflows.