Crypto ETP Inflows Nearing Last Year's Record: H1 2025 Sees $17.8B

Crypto ETP inflows in H1 2025 almost match last year's $18.3B, driven by Bitcoin and BlackRock's dominance. Is this the new normal?

Crypto ETP Inflows Nearing Last Year's Record: H1 2025 Sees $17.8B

The first half of 2025 has been a wild ride for crypto, and the numbers are in! Crypto exchange-traded products (ETPs) are making waves, nearly matching last year's inflow figures. Let's dive into the details.

The Big Picture: $17.8 Billion and Counting

According to CoinShares, crypto ETPs raked in a whopping $17.8 billion in the first half of 2025. While slightly below last year's $18.3 billion, it's still a massive number, showing strong investor interest in digital assets. This impressive figure is largely thanks to an ongoing 11-week streak of inflows, netting $16.9 billion alone!

Bitcoin's Reign Continues

Bitcoin (BTC) remains the king of crypto, with Bitcoin ETPs accounting for nearly 84% of all inflows, totaling $14.9 billion year-to-date. Ether (ETH) follows in second place, capturing 16.3% of the total inflows with $2.9 billion. Even XRP is making a splash, ranking third with $219 million in inflows despite the lack of a spot ETF in the U.S.

BlackRock Dominates the ETP Landscape

Just as Bitcoin dominates the crypto space, BlackRock is dominating the ETP market. Their crypto funds pulled in over $17 billion in H1 2025, representing a staggering 96% of total half-year inflows. ProShares and Fidelity trail behind with $526 million and $246 million, respectively. Grayscale Investments, on the other hand, experienced outflows of nearly $1.7 billion.

What Does This Mean?

These numbers suggest that institutional investors are increasingly comfortable with crypto, especially Bitcoin. The dominance of BlackRock highlights the importance of established players in the space. It's also interesting to see XRP performing well even without a U.S. spot ETF, indicating strong global demand.

Final Thoughts: To the Moon?

With crypto ETP inflows nearly matching last year's record, it's clear that the digital asset market is maturing. While Bitcoin saw a slight dip recently, the overall trend is positive. Who knows, maybe we'll see even bigger numbers in the second half of the year. Buckle up, because the crypto rollercoaster is far from over!