- Crypto-based exchange-traded products (ETPs) reach assets under management (AUM) of $67 billion, the highest since December 2021.
- Record weekly inflows of $2.45 billion for crypto ETPs, with 99% attributed to US-listed ETPs and significant contributions from recently approved spot Bitcoin ETFs.
- BlackRock and Fidelity's ETFs collected nearly $2.3 billion of the inflows, while Grayscale's products experienced $623 million in weekly outflows.
- Some investors are betting against Bitcoin, adding $5.8 million inflows to short-Bitcoin products.
- Ether products saw modest inflows of $21 million, and altcoin ETPs based on Avalanche, Chainlink, and Polygon recorded consistent weekly inflows.
- Solana products experienced $1.6 million in outflows, likely due to recent network downtime issues.
