Cryptocurrency ETFs Raise $1.37 Billion in Biggest Week Since January 2026, Altcoins Join the Rally



Exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) attracted $1.27 billion in combined net inflows during the week ending April 17. This was its strongest week since mid-January.

Across the five major spot crypto ETF products, weekly inflows totaled nearly $1.37 billion, including XRP, Solana, and Chainlink funds, a nearly 40% jump from the previous week.

Cryptocurrency ETF inflows rebound after decline in the first quarter

Bitcoin ETFs made $996.38 million, while Ethereum ETFs made $996.38 million. He added $275.83 million, according to SoSoValue Data. They both flagged it down Largest weekly flows A week ago January 16th.

The rebound comes after a difficult first quarter. BTC ETF assets fell nearly 35% from a high of $128 billion in mid-January to $83.40 billion by February 27.

Additionally, ETH ETF assets fell by 46% over the same period. Now, the surge in flow has pushed the Bitcoin ETF’s total net assets past $100 billion.

Furthermore, the move extends the third consecutive week of positive flows for BTC ETFs and the second week for Ethereum products.

Follow us on X To get the latest news as it happens

The recovery was not limited to the two largest assets. XRP ETFs It received 55.39 million dollars, Almost identical they Peak week of 2026 is mid-January. Solana’s money Drew $35.17 million, reflecting three consecutive weeks of outflows, while Chain link ETFs added $5.30 million.

This marks the largest influx outside of its launch week in December. Notably, LINK ETFs did not record a single week of net outflows.

Inflows rose against the backdrop of lower expectations regarding tensions between the United States and Iran, but the backdrop remains fragile. Morale may come under renewed pressure after US naval forces fired on an Iranian cargo ship and seized it in the Gulf of Oman. In a clear escalation In conflict.

At the same time, there is uncertainty surrounding Iran’s participation in the conference Upcoming talks in Islamabad has increased caution in the market. Geopolitical developments, including the course of negotiations and potential risks of retaliation, are likely to remain a key driver of market sentiment in the near term.

Subscribe to our YouTube A channel to watch leaders and journalists provide expert insights

this post Cryptocurrency ETFs Raise $1.37 Billion in Biggest Week Since January 2026, Altcoins Join the Rally appeared first on BeInCrypto.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *