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Crypto ETPs See $1.9B Weekly Inflows as Bitcoin and Ethereum Rally
- Crypto ETPs experienced $1.9 billion in weekly inflows with Bitcoin and Ethereum leading the rally.
- The Ether ETP recorded its largest inflow of $256 million since early December 2024 on June 11.
- Following the surge in Bitcoin and Ethereum prices, global crypto ETPs saw a nine-week streak of inflows, totaling $12.9 billion.
- Crypto ETPs saw a historic YTD inflow record of $13.2 billion, reaching a total AUM of $179 billion.
- Bitcoin rebounded after minor outflows, attracting $1.3 billion in inflows and increasing its AUM.
- Ether ETPs gained $583 million in inflows last week, marking significant growth since February.
- XRP investment products recovered with $11.8 million inflows after facing outflows over the past weeks.
- Grayscale recorded significant outflows of $1.6 billion, while ProShares remained the only issuer with YTD inflows.
- Ether ETPs notably saw eight consecutive weeks of inflows, accumulating $1.9 billion in total.
- Inflow of $256 million on June 11 marked the largest since December 2024 for Ether ETPs.
- All issuers faced YTD outflows apart from ProShares, which gained $437 million in inflows.
- Corporate Bitcoin and ETH treasuries are accelerating DeFi adoption, according to Lubin.
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