Institutional Appetite Surges as Crypto ETPs Record $1.2 Billion Weekly Inflow

Institutional demand for digital assets accelerated last week, with crypto exchange-traded products (ETPs) attracting $1.2 billion in new capital. This marks the fourth straight week of inflows, bringing the monthly total to approximately $3.9 billion—the strongest four-week streak of the year. The surge coincides with Bitcoin trading above the $76,000 threshold, a level not seen since the February correction. According to data from CoinShares, this trend indicates a robust recovery in institutional appetite for the primary cryptocurrency as it regains key price levels. Bitcoin dominated the weekly activity, capturing $932.5 million in inflows, with US-listed spot Bitcoin ETFs accounting for $824 million of that total. Ether followed with $192 million in inflows, marking its third consecutive week of gains above $190 million. Additionally, XRP funds returned to positive territory following a period of outflows. Beyond direct coin exposure, blockchain equity ETFs experienced a record-breaking period, drawing $617 million over the last three weeks. This suggests that investors are increasingly diversifying their exposure across the broader digital asset infrastructure and technology sector. Despite the overall momentum, some caution remains among traders. Short-Bitcoin products saw modest inflows of $16.5 million, indicating a baseline level of hedging. Market participants are now pivoting their attention toward the upcoming FOMC decision on April 28–29, which is expected to influence short-term volatility.