
Crypto ETPs Log $286M Inflows
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Crypto investment funds notched another week of inflows despite Bitcoin’s slump, with $286 million pouring into digital asset ETPs in the week ending May 30, according to CoinShares.
Ether products led the charge with $321 million in inflows—their best performance in five months—while Bitcoin ETPs saw minor outflows of $8 million. The divergence comes as Bitcoin dropped to $103,400, down 6% from its weekly high.
Although the seven-week inflow streak now totals $10.9 billion, overall crypto AUM fell to $177 billion from $187 billion amid market volatility.
James Butterfill of CoinShares attributed the fluctuations to shifting sentiment after a US court ruling on tariffs disrupted capital flows.