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Crypto ETP Inflows Slow to $230 Million After Fed ‘Hawkish Pause’

A Fed ‘hawkish pause’ prompted a risk reset that funneled demand to Bitcoin over Ether.

Overview

  • CoinShares recorded $230 million in net inflows for the week, extending a four-week streak but down sharply from the prior $1.06 billion.
  • CoinSharesJames Butterfill attributed the slowdown to the Fed meeting, noting roughly $635 million of early-week inflows flipped to about $405 million of outflows after the decision.
  • Bitcoin products drew about $219 million, with U.S. spot Bitcoin ETFs adding $95.2 million and posting $2.2 billion over four weeks yet roughly $400 million in net outflows year to date.
  • Ether ETPs saw $27.5 million of outflows, ending a three-week run, as U.S. spot Ether ETFs logged about $60 million in weekly outflows and $599 million year to date.
  • Solana attracted $17 million for a seventh straight week (about $136 million cumulative), U.S. region-led inflows totaled $153 million, and smaller products like Chainlink and Hyperliquid took in $4.6 million and $4.5 million.