Bitcoin Exchange-Traded Products (ETPs) now represent over 7% of BTC’s market capitalization, according to a recent report by CoinShares. The report, published on February 10, 2025, revealed that crypto investment products saw inflows totaling $1.3 billion for the fifth consecutive week. However, recent price declines led to a decrease in total assets under management in ETPs to $163 billion.
Bitcoin (BTC) saw $407 million in inflows, with exchange-traded products now holding 7.1% of its total market capitalization. Meanwhile, Ethereum (ETH) led the market with $793 million in inflows, despite its price dipping to around $2,100. James Butterfill, head of research at CoinShares, attributed this to “significant buying-on-weakness” in response to market conditions.
The report also highlighted regional inflows, with the U.S. accounting for the majority of inflows at $1 billion. Germany, Switzerland, and Canada also saw significant inflows of $61 million, $54 million, and $37 million, respectively. XRP (XRP) and Solana (SOL) attracted $21 million and $11 million, showing continued interest in alternative cryptocurrencies.
Blockchain-related equities also saw $33 million in inflows, bringing year-to-date totals to $194 million. Despite the inflows, total assets under management in crypto ETPs dropped to $163 billion from the January peak of $181 billion, reflecting recent price declines in the market.
Trading volumes remained steady at $20 billion for the week, indicating continued interest and activity in the cryptocurrency market. The report also mentioned the impact of external factors such as Trump’s tariff rhetoric, which has led to concerns about a potential trade conflict affecting both Bitcoin and traditional equities.
Overall, the report paints a picture of a dynamic and evolving cryptocurrency market, with investors continuing to show interest in a variety of digital assets. Despite recent price declines, the overall inflows and trading volumes suggest that the market remains active and resilient.