Digital asset investment products saw a $527 million net inflow last week, despite a $530 million outflow on Monday.
Bitcoin led with $486 million in inflows, while XRP secured $105 million YTD, ranking second among altcoins.
BlackRock’s IBIT dominated Bitcoin ETFs with $918 million in inflows, while Grayscale’s GBTC faced $30.59 million in losses.
Crypto investment products saw a strong net inflow of $527 million last week, according to . However, the ride was far from smooth. A massive $530 million outflow hit on Monday, triggered by DeepSeek-related concerns. But the market quickly bounced back, with over $1 billion flooding in later in the week.
Source: CoinShares
The swings reflect the volatile nature of investor sentiment, heavily influenced by broader market worries. Despite this turbulence, crypto investment products have already amassed $44 billion in inflows in 2024 and $5.3 billion year-to-date (YTD), indicating strong overall momentum.
Looking at regional trends, the United States led with $474 million in inflows last week and $5 billion YTD. European investors contributed $78 million in new investments, bringing their total to $93 million YTD. Canada, however, bucked the trend with $43 million in outflows, possibly due to rising concerns over U.S. trade tariffs.
Source: CoinShares
Bitcoin Leads with $486M Inflows: XRP Ranks Second among Altcoins YTD
Bitcoin continued to dominate investor preference, attracting a staggering $486 million in inflows last week. Short-bitcoin products also saw interest, recording a second consecutive week of inflows at $3.7 million. Meanwhile, Ethereum struggled to find traction. It ended the week with net-zero flows after experiencing early-week outflows, likely due to its exposure to the broader technology sector.
Among altcoins, XRP made a strong showing, bringing in $15 million last week and securing its spot as the second-best performing altcoin of the year with $105 million in inflows YTD. Blockchain equities also remained attractive, seeing YTD inflows of $160 million, as investors took advantage of price dips to buy in.
“XRP is now the 2nd best performing altcoin, seeing YTD inflows of US$105m with US$15m inflows last week,” the report said.
Spot Bitcoin ETFs played a crucial role in these gains. Their total cumulative net inflows have hit $40.5 billion as of January 31, 2025, reflecting the growing influence of institutional investors. However, daily net inflows have been inconsistent, standing at $318.56 million — far below the $802.50 million recorded on January 21.
BlackRock’s IBIT Takes the Lead, Grayscale Bleeds Out
BlackRock’s IBIT emerged as the biggest winner, securing an impressive $918 million in inflows. However, not all players shared in that success. Fidelity, Grayscale, and Bitwise collectively lost $465 million, offsetting some of the week’s gains.
IBIT now leads the Bitcoin ETF space with $40.48 billion in cumulative inflows, followed by Fidelity’s FBTC at $13 billion. In contrast, Grayscale’s GBTC continued its decline, shedding $30.59 million last week and bringing its total outflows to $21.89 billion. The downward pressure pushed IBIT’s market price to $57.71, marking a 3.37% daily drop.
Source SoSoValue
The ETF market remained highly active, with Bitcoin ETF trading volume reaching $3.45 billion on January 31. Bitcoin price hovered around $101,680, closely mirroring ETF movements. The highest trading day of the month came on January 23, when the total value traded peaked at $9.59 billion.
January’s ETF inflow trends have been largely positive, with multiple days surpassing $500 million in new investments. However, sharp outflows on January 14-15, amounting to -$209.82 million and -$284.19 million, respectively, highlight the market’s volatility.