Bitcoin ETPs Surge on Risk Appetite Rebound: $1.1B Weekly Inflows Signal Institutional Demand

Crypto investment products just posted their strongest weekly performance since January, and the numbers tell a clear story about where smart money is flowing. Global crypto exchange-traded products (ETPs) pulled in $1.1 billion last week—the second-largest weekly crypto inflow of 2025, trailing only the $2.17 billion recorded in mid-January.

Bitcoin Dominance Continues

Bitcoin dominated the action with $871 million in inflows, cementing its status as the institutional favorite. The largest cryptocurrency reclaimed $70,000 and briefly topped $73,000 amid the broader market volatility, demonstrating resilience even as sentiment elsewhere remained shaky. According to CoinShares' analysis, this was no accident—the surge reflects renewed investor risk appetite following tentative ceasefire developments in Iran, plus support from softer-than-expected US inflation and spending data.

The real signal here? US spot Bitcoin ETFs alone accounted for $786.3 million of those inflows. That's 95% of net weekly flows concentrated in the US market, showing institutional investors are clearly using regulated investment vehicles to build positions during dips.

Ethereum's First Win in Weeks

Ethereum ETPs finally caught a bid after bleeding capital for three straight weeks. ETH products saw approximately $196.5 million in inflows last week—a meaningful rebound, but it doesn't tell the full story. Year-to-date, Ethereum remains in net outflow territory at -$130 million. Bitcoin, by contrast, sits at a commanding $1.9 billion in YTD inflows and accounts for roughly 83% of all $2.3 billion in total crypto ETP inflows since January.

This divergence matters. Ethereum struggles to attract institutional capital through ETPs while Bitcoin prints new records.

The Broader Asset Picture

XRP ETPs notched $19 million in inflows—modest but meaningful for the altcoin. Solana faced minor headwinds with $2.5 million in outflows. Interestingly, short-Bitcoin investors also showed up: they posted $20 million in weekly inflows last week, marking their largest week since November 2024. Some institutions are hedging their bullish bets.

Beyond the US dominance, Germany recorded $34.6 million in inflows, while Canada and Switzerland saw more modest activity at $7.8 million and $6.9 million respectively. The geographic concentration in the US underscores how American regulatory clarity around spot Bitcoin and Ethereum ETFs continues to drive institutional adoption.