Crypto ETP inflows hit $224M as XRP leads weekly inflows

Crypto ETPs drew $224 million in inflows last week as XRP led gains, while US ETFs lagged and Ether posted outflows amid mixed macro data and policy expectations.

Cryptocurrency investment products recorded minor inflows last week despite mixed geopolitical signals and increasingly hawkish investor expectations.

Global crypto exchange-traded products (ETPs) clocked $224 million in inflows last week, following a $414 million outflow a week before, CoinShares reported on Tuesday.

The fresh inflows brought total assets under management to about $131.8 billion, roughly in line with levels seen at the same time last year. Year-to-date inflows also totaled about $1.2 billion, compared with $960 million over the same period last year.

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