Crypto ETPs See $47M Inflows Amid Bitcoin Sell-Off
Bitcoin sell-off drives $940M outflows from crypto ETPs, offsetting $1B inflows, as macroeconomic data and Fed policies impact markets.
Outline:
- Bitcoin Sell-Off Dominates Crypto ETPs: $940M Outflows Amid Fed-Driven Volatility
- Bitcoin Tops Weekly Inflows at $213M Despite Market Uncertainty
- Ethereum Faces $256M Outflows While XRP Gains $41M in ETP Investments
- Crypto ETPs Record $47M Net Inflows After Macroeconomic Shifts Shake Markets
- Global Trends: Switzerland Leads $85M Outflows, US Tops Crypto ETP Inflows with $79M
Last week, cryptocurrency exchange-traded products (ETPs) had a tiny influx of $47 million following a big sell-off in Bitcoin investment products.
Investors put over $1 billion into crypto ETPs in the second trading week of 2025, mainly offset by $940 million in outflows, as stated by crypto investment firm CoinShares on January 13.
According to CoinShares research lead James Butterfill, the release of new macroeconomic data and Fed minutes indicates a stronger US economy and a more hawkish Fed, leading to massive outflows. This suggests that the post-US election honeymoon is over, and macroeconomic data is now a key driver of asset prices.
Despite a Significant Bitcoin Sell-off, Bitcoin ETPs Attract $213 Million in Weekly Flows
Bitcoin (BTC) investment products saw $213 million in inflows during the week of January 6-10, although they experienced the largest outflows relative to other digital assets later that week.
Bitcoin has been the best-performing asset in 2025, with year-to-date inflows totaling $799 million, according to the research.
Following the sell-off, total assets under management (AUM) in Bitcoin ETPs fell by 3.5%, from $130 billion the previous week to $125.4 billion.
Ethereum Experiences the Largest Outflows, While XRP Gains Momentum
Ether ETH’s $3,066.12 investment products saw the largest withdrawals last week, totaling $256 million.
Butterfill argued that Ethereum outflows should be attributed to a larger tech sell-off rather than a unique issue with the cryptocurrency.
XRP XRP $2.37, the third-largest cryptocurrency by market value, saw significant crypto ETP inflows of $41 million last week.
The jump is still mostly driven by political and legal concerns, with inflows indicating increased optimism ahead of the US Securities and Exchange Commission’s appeal deadline in the current Ripple case on January 15.
Despite their poor market performance, altcoins such as Aave, Stellar, and Polkadot drew significant investment, with inflows of $2.9 million, $2.7 million, and $1.6 million, respectively.
Switzerland Leads Outflows at $85 Million Amid a Significant Bitcoin Sell-off
While the United States continued to be the largest contributor to cryptocurrency ETPs last week, with $79 million in inflows, Switzerland led the outflows with $85 million.
Other substantial inflows came from Germany and Canada, with totals of $52 million and $37 million.
Aside from Switzerland, Hong Kong and Sweden saw significant outflows of approximately $37 million and $33 million, respectively.
