Institutional inflows surged after the Federal Reserve’s first 2025 rate cut, lifting crypto AuM to record highs as Bitcoin and Ethereum ETFs attracted major capital inflows.
Digital asset investment products recorded $1.9 billion in inflows last week following the Federal Reserve’s 25 basis-point rate cut to 4.25%, according to CoinShares. Assets under management reached $40.4 billion year-to-date. Bitcoin funds led with $977 million in inflows, building on a four-week total of $3.9 billion, while Ethereum saw $772 million, pushing its 2025 inflows to a record $12.6 billion. Solana and XRP also drew $127.3 million and $69.4 million, respectively. Bitcoin spot ETFs posted $222.6 million in net inflows on September 19, led by BlackRock’s iShares Bitcoin Trust. Meanwhile, the SEC approved new rules to fast-track crypto ETF listings, cutting review timelines to 75 days. New ETF launches included Dogecoin (DOJE) and XRP (XRPR) funds, which recorded strong opening volumes alongside Grayscale’s Digital Large Cap Fund (GDLC).