While BlackRock’s inflows slowed somewhat last week, Grayscale Investments’ crypto ETF outflows increased by 140%.
Last week, DeepSeek panic and other market worries caused cryptocurrency exchange-traded products (ETPs) to struggle, limiting weekly inflows to $527 million.
According to a CoinShares report released on February 3, inflows into crypto ETPs fell 72% over the most recent trading week, compared to $1.9 billion during the previous week.
Following erratic investor sentiment, CoinShares attributed the accelerated selling to worries about China’s AI platform DeepSeek and the global trade war sparked by US President Donald Trump’s push for higher import tariffs.
James Butterfill, research director at CoinShares, claims that on January 27, $530 million was pulled out due to DeepSeek news.
The altcoin with the second-best performance in ETPs is XRP.
Last week, inflows totaling $486 million into Bitcoin BTC$95,122 ETPs brought the year-to-date (YTD) inflows to $4.9 billion. The second week of inflows into short-BTC products totaled $3.7 million, a 27% decrease from the week before.
Together with Litecoin (LTC$97.25), ETPs based on Ether (ETH$2,613) were one of just two altcoin ETPs to experience zero inflows last week. ETH ETPs have received $177 million in inflows so far in 2025.

Alternatively, XRP
Investment products for XRP $2.41 kept gaining traction, with weekly inflows of $14.5 million. With $105 million in YTD inflows, XRP is currently the second-best-performing altcoin for ETPs, according to CoinShares.
Grayscale crypto sales are 140% faster.
According to CoinShares data, investors in crypto ETPs were more active last week in selling crypto investment products from Bitwise and Grayscale Investments.
Last week, Grayscale had outflows of $298 million, a 140% increase over the $124 million withdrawals the week before. After weeks of sales, Grayscale’s cryptocurrency investment products have seen $690 million in outflows this year.
Last week, Bitwise’s cryptocurrency exchange-traded funds (ETFs) saw $126 million in withdrawals, more than 560% greater than the previous week.

Due to the unpredictable emotions, BlackRock’s crypto ETF buying dropped by 58%, registering $918 million of inflows last week, compared to $1.4 billion in the previous week.
Jim Cramer’s influence and tether delistings in the EU increased the volatility.
Aside from DeepSeek issues and market apprehensions over Trump’s tariffs, the cryptocurrency market witnessed a few more events that may have caused last week’s slower inflows.
Jim Cramer, a former hedge fund manager, advocated for Bitcoin ownership on CNBC’s Mad Money on January 27. He cautioned against investing in MicroStrategy, the most significant corporate Bitcoin holder.

Since many traders have connected Cramer’s investing advice to a later price decline, the market and the community responded quickly to his announcement.
“The inverse cramer is always real when it comes to Bitcoin. One market watcher commented on X, “It will be studied for generations to come.”
The sell-off also came amid numerous exchanges in the European Union, delisting Tether USDT.
USDT$1.00 — the largest stablecoin on the market — in compliance with new local crypto regulations.