GLOBAL ETP FLOWS NEAR 2024 RECORD AS BITCOIN LOSES SHARE

Summary from the TLDR Crypto newsletter

CoinShares reports $47.2 billion of inflows into crypto ETPs in 2025, just 3% shy of 2024's record. This was largely driven by a 35% pullback from Bitcoin funds to $26.9 billion while investors rotated $12.7 billion into ETH (up 138%), $3.7 billion into XRP, and $3.6 billion into Solana. The US is still dominant with $42.5 billion of inflows, Europe and Canada are increasing their participation, and there's a strong start to 2026, showing weekly flows around $582 million.