Crypto ETPs on Fire: Ether Outshines Bitcoin with Record Inflows

A Five-Week Winning Streak for Crypto ETPs

The crypto market has been buzzing with activity as exchange-traded products (ETPs) recorded their fifth consecutive week of inflows, bringing in a whopping $1.3 billion. But the real headline? Ether (ETH) ETPs stole the show, raking in nearly twice the inflows of Bitcoin (BTC) ETPs.

According to CoinShares’ latest report, investors funneled a massive $793 million into Ether-based funds last week—an eye-catching 95% more than Bitcoin ETPs managed.

So, what sparked this Ether frenzy? It all started on February 6, when ETH dipped below the $2,700 mark, inviting a wave of opportunistic buying. As a result, Ether ETPs outperformed Bitcoin for the first time in 2025, a rare occurrence last seen in late 2024.

Bitcoin Still Holds the YTD Crown

Despite Ether’s impressive weekly surge, Bitcoin remains the undisputed leader in year-to-date (YTD) inflows. Over the past trading week, Bitcoin ETPs pulled in $407 million—a 19% drop from the week before.

Yet, looking at the bigger picture, Bitcoin still dominates with a YTD inflow of nearly $6 billion, a staggering 505% higher than Ether’s total so far this year.

CoinShares, Ethereum ETF, Bitcoin ETF
Flows by assets (in millions of US dollars). Source: CoinShares

Meanwhile, other altcoins showed some exciting movement as well:

• XRP ETPs climbed 45%, jumping from $14.5 million to $21 million in weekly inflows.
• Solana ETPs posted an explosive 148% surge, bringing in $11.2 million.

Clearly, investors are diversifying beyond the usual Bitcoin-Ether rivalry!

Crypto ETP AUM Takes a Hit Amid Market Turbulence

Despite the inflow streak, the total assets under management (AUM) in crypto ETPs experienced a drop, slipping to $163 billion, down approximately 4% from the previous week.

The decline is even more noticeable when compared to the all-time high of $181 billion, recorded in late January—a reminder that volatility in the crypto market remains a force to reckon with.

Diving deeper into individual funds, BlackRock’s iShares Bitcoin Trust (IBIT) was the hottest pick among investors, pulling in $315 million last week. On the flip side, Fidelity’s Wise Origin Bitcoin Fund saw the biggest outflows, losing $217 million.

CoinShares, Ethereum ETF, Bitcoin ETF
Top crypto ETP products by inflows and outflows (in millions of US dollars). Source: CoinShares

What’s Next for Crypto ETPs?

With Ether ETPs making a strong statement and Bitcoin maintaining its dominance over the long run, the ETP space is heating up more than ever. If this trend continues, we might see even fiercer competition between these two crypto giants.

For now, one thing is certain: institutional interest in crypto is stronger than ever, and the battle between Bitcoin, Ether, and other emerging assets is only getting started. Buckle up! 🚀

Interested in more crypto insights?
Check out our latest deep dive on ETF trends:
Has altseason finished? XRP ETF applications flood in, and more: Hodler’s Digest, Feb. 2 – 8