Crypto funds see $226M of inflows, but asset values slump
Cryptocurrency exchange-traded products (ETPs) have observed $226 million in inflows over the last week, continuing a reversal from a period of outflows. This influx follows a previous week of $644 million in inflows, resulting in a total of $870 million over two weeks. Despite this positive trend, the total assets under management (AUM) have decreased, dropping to $133.9 billion on March 28, the lowest level in 2025. Bitcoin remains the primary focus, attracting $195 million of the new inflows, while short-BTC products saw outflows of $2.5 million. Notably, altcoins experienced inflows for the first time in five weeks, totaling $33 million, with Ethereum leading at $14.5 million. The decline in AUM has been linked to general price drops in cryptocurrencies, particularly Bitcoin, which has seen a 13.6% decrease in value this year. Market capitalization has also fallen nearly 20% during this timeframe, indicating a challenging environment for crypto investors.
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