Crypto ETPs recorded $47M in revenue last week amid Bitcoin sales
Cryptocurrency exchange-traded products (ETPs) recorded a relatively modest $47 million in revenue last week after a significant sell-off in bitcoin investment products.
Investors poured in nearly $1 billion in the second trading week of 2025, with most of that spent on $940 million, CoinShares reported on January 13.
The sharp outflows were triggered by new macroeconomic data and minutes from the US Federal Reserve, which pointed to a stronger US economy and a more hawkish Fed, said James Butterfield, head of research at CoinShares.
“This suggests that the post-US election honeymoon is over and macroeconomic data is once again a key driver of asset prices,” he said.
Bitcoin ETPs earned $213 million in weekly revenue
Bitcoin (BTC) investment products saw a total of $213 million in inflows from January 6-10, despite having the highest inflows of any other digital asset during the week.
So far in 2025, Bitcoin is the best-performing asset with year-to-date revenue of $799 million, according to the report.
Following the sale, total assets under management (AUM) in Bitcoin ETPs fell 3.5%, from $130 billion last week to $125.4 billion.
Ethereum sees the largest outflows, XRP gathers steam
Ether (ETH) investment products recorded the highest flow last week, with a total of 256 million dollars.
Ethereum flows should be driven by broader technology sales rather than asset-related issues, Butterfill suggested.
On the other hand, XRP (XRP), the third largest by market capitalization, saw a record $41 million in crypto ETP flows last week.
Crypto ETP will flow in assets during the week of January 6-10 (in millions of dollars). Source: CoinShares
In the year In Ripple's continuing January 15 filing ahead of the U.S. Securities and Exchange Commission's appeals deadline, it suggests high optimism is driven primarily by political and legal reasons.
Altcoins such as Ave, Stellar, and Polkadot have also attracted notable investments despite underperforming prices, registering $2.9 million, $2.7 million, and $1.6 million in revenue, respectively.
Switzerland leads spending at $85 million.
The US remained the top contributor to crypto ETPs last week with an inflow of $79 million, while Switzerland led the flow with $85 million.
Other major revenue streams came from Germany and Canada, with a total of $52 million and $37 million respectively.
Crypto ETP will flow across countries during the week of January 6-January. 10 (in millions of dollars). Source: CoinShares
In addition to Switzerland, Hong Kong and Sweden also saw significant foreign inflows, with inflows of around $37 million and $33 million, respectively.
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