Cryptocurrency investment products remained steady despite a flash crash, with $3.17 billion in inflows last week. Bitcoin funds led with $2.7 billion in inflows, reaching a YTD total of $30.2 billion. Ether funds saw $338 million in inflows but suffered the largest single-day outflows on Friday at $172 million.

Trading volumes hit a new high of $53 billion, including $15.3 billion on Friday alone. Total assets under management dropped from $254 billion to $242 billion. Altcoin investment products, like Solana and XRP, saw slower inflows despite upcoming ETF launches.

As the US government shutdown continues, 16 crypto ETFs await approval. Analysts predict a flood of spot crypto ETFs once the shutdown ends. Luxemburg’s sovereign wealth fund recently invested in Bitcoin ETFs, showing growing institutional interest in crypto products.

Read more at Cointelegraph: Crypto ETPs See $3.2B Inflows Despite Friday’s Flash Crash