Cryptocurrency investment products remained stable during last Friday's massive flash crash, recording strong inflows over the past week.
CoinShares reported on Monday that despite new tariff threats from U.S. President Donald Trump triggering market adjustments, cryptocurrency exchange-traded products (ETPs) still saw inflows of $3.17 billion last week.
"Friday saw almost no reaction, with only a negligible outflow of $159 million," wrote CoinShares research director James Butterfill, highlighting the resilience of crypto funds following the sell-off and $20 billion liquidation that sparked market panic.
In addition to strong weekly inflows, crypto funds also reached a new milestone, surpassing last year's total inflow, climbing to $48.7 billion year-to-date.
CoinShares also reported that weekly trading volume for crypto funds hit a record high, soaring to $53 billion, with $15.3 billion occurring just on Friday.
Nevertheless, total assets under management (AUM) fell over the past week, dropping from $254 billion the previous week to $242 billion.
Bitcoin (BTC) funds led inflows this week, reaching $2.7 billion, bringing year-to-date inflows to a new high of $30.2 billion, still about 30% lower than last year's total of $41.7 billion.
"Friday's price adjustment saw trading volume set a single-day record of $10.4 billion, while Friday's inflow was only $390,000," noted Butterfill from CoinShares.
Despite Ethereum (ETH) investment products recording a net inflow of $338 million last week, they also experienced the largest single-day outflow among major crypto assets on Friday, totaling $172 million.
Butterfill stated that investors view Ethereum funds as the "most vulnerable" asset during market adjustments.
Meanwhile, altcoin investment products showed a significant slowdown. Solana (SOL) funds attracted $93.3 million, and XRP products attracted $61.6 million, both down sharply from the previous week's $706.5 million and $219 million.
Butterfill mentioned that despite the growing hype around the upcoming launch of SOL and XRP ETFs in the U.S., inflows for SOL and XRP have still slowed.
As the U.S. enters the third week of the government shutdown, at least 16 crypto ETFs are awaiting approval if the shutdown continues into November.
According to ETF analyst and NovaDius Wealth Management President Nate Geraci, once the government shutdown ends, the industry will see a "tsunami" of spot crypto ETFs.
Related: The Invisible Force Behind the Crypto Trading Market: What Exactly Do Market Makers Do?
Original article: “Crypto ETPs Remain Resilient Amid Turmoil, Record $3.2B Inflows Last Week”
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