CDS Crypto News Crypto Inflows Surge: Bitcoin Tanks, But Institutions Keep Buying
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Crypto Inflows Surge: Bitcoin Tanks, But Institutions Keep Buying

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Crypto Inflows Surge Bitcoin Tanks, But Institutions Keep Buying

Markets Fall, Crypto Inflows Surge: Why Smart Money Keeps Piling Into Crypto?

Crypto Inflows Surge: Bitcoin Tanks, But Institutions Keep Buying

Last week, cryptocurrency investment products continued their multi-week inflow trend in spite of strong selling pressure brought on by Bitcoin’s decline to $103,000. According to CoinShares’ June 2 report, global cryptocurrency exchange-traded products (ETPs) saw $286 million in inflows in the week ending May 30, bringing the total inflows to $10.9 billion over the previous seven weeks.

AUM Falls From $187B to $177B as US Tariff Jitters Rattle Markets

Total assets under management (AUM) fell from the record high of $187 billion to $177 billion by the weekend, notwithstanding the inflows. James Butterfill, head of research at CoinShares, said the decline was brought on by market turbulence brought on by concerns about US tariffs. According to CoinGecko data, Bitcoin fell almost 6% from $110,000 last Monday to an intraweek low of $103,400 by May 30. This was when the new inflows occurred.

ETH ETPs See Biggest Inflows Since December 2024 as Investor Confidence Returns

With $321 million in inflows, Ether ETPs dominated last week’s crypto ETP purchases, which were the biggest run since late December 2024 and showed a notable recovery in sentiment. After a significant flow reversal following a New York court ruling declaring US tariffs unconstitutional, Bitcoin ETPs suffered outflows of $8 million, according to Butterfill. On the other hand, with $28 million in outflows last week, XRP investment products saw the largest losses. Butterfill pointed out that the withdrawals signaled XRP’s second week of losses.

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Crypto Inflows Surge: Bitcoin Tanks, But Institutions Keep Buying
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lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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