Crypto funds see $226M of inflows, but asset values slump — CoinShares

Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.

Global crypto ETPs posted $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares reported on March 31.

Despite the two-week positive trend after a five-week outflow streak, total assets under management (AUM) continued to decline, dropping below $134 million by March 28.

Weekly crypto ETP flows since late 2024. Source: CoinShares

Last week’s inflows suggest positive but cautious investor behavior amid core Personal Consumption Expenditures in the US coming in above expectations, CoinShares’ head of research James Butterfill said.

*Bitcoin leads weekly inflows*

Bitcoin (BTC) investment products attracted the majority of inflows, totaling $195 million for the week, while short-BTC investment products saw outflows for the fourth consecutive week, totaling $2.5 million.

Altcoins, in aggregate, saw a first week of inflows totaling $33 million, following four consecutive weeks of outflows totaling $1.7 billion.

Flows by asset (in millions of US dollars). Source: CoinShares

Among individual altcoins, Ether (ETH) saw $14.5 million in inflows. Solana (SOL), XRP (XRP) and Sui (SUI) followed with $7.8 million, $4.8 million and $4 million, respectively.

*AUM drops to lowest level in 2025 amid price slump*

Despite recent inflows, crypto ETPs have failed to trigger a reversal in terms of total AUM.

Since March 10, the total crypto ETP AUM dropped 5.7% from 142 billion, amounting to 133.9 billion as of March 28, the lowest level in 2025.

*Related: **BlackRock to launch Bitcoin ETP in Europe — Report*

According to CoinShares’ Butterfill, the AUM decline could be attributed to a slump in cryptocurrency prices.

“Recent price falls have pushed Bitcoin global ETPs’ total assets under management to their lowest level since just after the US election at $114 billion,” Butterfill wrote.

Bitcoin price chart since Jan. 1, 2025. Source: CoinGecko

Since Jan. 1, 2025, the BTC price has dropped 13.6%, while the total market capitalization has tumbled nearly 20%, according to data from CoinGecko. 

*Magazine: **Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29*