Cryptocurrency investment products experienced a sharp increase in entries last week, which led the total of the total of the start of the year (YTD) over $ 10 billion, according to data from the European Director of Investments in Coinshares Cryptography.
Global Crypto Exchange Traded Products (ETPs) recorded $ 3.3 billion in entries during the week ending on May 24, bringing the YTD total entries to a record of $ 10.8 billion, Coinshares reported May 26.
Coinshares, the research manager, James Butterfill said that total assets under management (AUM) in ETP Crypto briefly reached a summit of $ 187.5 billion, reflecting a strong interest in investors.
“We believe that the growing concerns concerning the American economy, motivated by the degraded of Moody and the resulting cash flow, prompted investors to seek diversification thanks to digital assets,” wrote Butterfill.
Bitcoin ETPs leads with $ 2.9 billion in entries
Bitcoin (BTC) led last week’s entries to ETP Crypto with $ 2.9 billion, a quarter of the total entrances for 2024.
While Bitcoin exceeded $ 110,000 for the first time on May 22, some investors turned to short BTC products, the entries reaching $ 12.7 million, the highest since December 2024.
ETHER (ETH) ETPS continued to see healthy entries totaling $ 326 million last week, marking a fifth consecutive week of earnings while Momentum continued after the successful Pectra upgrade which was put online on May 7.
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While the majority of ETPs Altcoin saw lean or even zero entries, the ETP XRP (XRP) were affected by massive outings. After posting an 80 -week entry sequence, XRP Investment Products posted $ 37.2 million in outings, the largest ever recorded, according to Butterfill.
The wave of outings for XRP ETPs occurred in the middle of an underperforming price despite two key key developments for the asset, including a potential fund on the XRP Spot Exchange in the United States and $ 2.2 billion in XRP term contracts.
Crypto ETPs continues to beat recordings
The latest Coinshares data mark another record step for ETP Crypto, after a historic increase in YTD entries the previous week.
In mid-May, Crypto Investment Products added $ 785 million in new entries, pushing the total YTD to $ 7.5 billion by May 16, according to in Coinshares.
The new entry record not only exceeded the previous peak of $ 7.2 billion recorded in February 2025, but also completely recovered the nearly $ 7 billion from outings observed during subsequent prices correction in February and March, Butterfill said.
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