Cryptocurrency investment products continued their strong performance, with total inflows for the first half of 2025 nearing last year’s levels, according to a new report from digital asset manager CoinShares.
Global crypto exchange-traded products (ETPs) recorded $2.7 billion in inflows during the trading week ending Friday, marking the 11th consecutive week of inflows, CoinShares reported on Monday.
Overall, net inflows into crypto ETPs reached $17.8 billion for the first half of 2025 — a 2.7% decline from the $18.3 billion recorded during the same period last year, according to CoinShares’ head of research, James Butterfill.
The recent 11-week streak alone contributed $16.9 billion, accounting for nearly 95% of year-to-date inflows as of the end of June 2025.
Bitcoin ETPs accounted for 84% of total inflows in the first half of 2025
With year-to-date inflows reaching $14.9 billion, Bitcoin investment products dominated the first half of 2025, accounting for nearly 84% of total crypto ETP inflows and reinforcing Bitcoin’s dominance in the market.
Continuing this momentum, Bitcoin ETPs attracted $2.2 billion last week alone, representing 83% of weekly inflows. Ether ETPs followed with $429 million in inflows. For the first half of the year, Ether secured the second spot with $2.9 billion in inflows, making up 16.3% of the total.
XRP ranked third in both weekly and year-to-date inflows, recording $10.6 million last week and $219 million so far in 2025.
Despite the absence of spot XRP exchange-traded funds in the United States, XRP remains one of the top three ETP performers. Canada became the first North American country to launch spot XRP ETFs on June 18.
BlackRock’s crypto ETFs dominated the first half of 2025, accounting for 96% of total inflows
Much like Bitcoin’s dominance in crypto ETPs, BlackRock—the world’s largest crypto investment firm—is leading the pack among issuers.
According to the latest data from CoinShares, BlackRock’s crypto funds attracted over $17 billion in inflows during the first half of 2025, accounting for 96% of total inflows across all crypto ETPs for the period.
Trailing BlackRock, ProShares and Fidelity recorded half-year inflows of $526 million and $246 million, respectively. In contrast, major competitor Grayscale Investments saw outflows totaling nearly $1.7 billion.
CoinShares’ latest inflow report comes as Bitcoin experienced a mild pullback below $108,000 on Monday. The leading cryptocurrency saw strong gains the previous week, climbing from around $101,000 on June 23 to a peak of $107,800 by week’s end, according to CoinGecko.
