The post-US election honeymoon is likely over as macroeconomic data is once again a key driver of crypto ETPs, CoinShares’ James Butterfill said.
Cryptocurrency exchange-traded products (ETP) recorded minor $47 million inflows last week after a significant sell-off in Bitcoin investment products.
Investors poured roughly $1 billion into crypto ETPs in the second trading week of 2025, largely offset by $940 million in weekly outflows, crypto investment firm CoinShares reported on Jan. 13.
The massive outflows were triggered by the release of new macroeconomic data and minutes from the US Federal Reserve, which pointed to a stronger US economy and a more hawkish Fed, CoinShares research lead James Butterfill said.
