Альткоины ведут к рекордам: приток в крипто-ETP за 2025 год уже превышает прошлогодние показатели Translated headline: Altcoins Lead to Records: Crypto ETP Inflows for 2025 Already Surpass Last Years Figures

Since the beginning of 2025, cryptocurrency exchange-traded products (ETPs) have seen an influx of $48.67 billion, surpassing the total inflow for all of 2024, which stood at $48.56 billion, according to James Butterfill, head of research at CoinShares.

The increase in capital is occurring as investors shift their focus towards altcoins.

Bitcoin-based funds have attracted around $30 billion this year, accounting for 62% of the total inflow. However, the proportion of digital gold has dropped compared to last year, when it represented 86% of all investments in ETPs, totaling $41.7 billion.

There has been notable demand for Ethereum-based instruments, which have brought in $14.1 billion, nearly three times the total for 2024 ($4.9 billion). The share of Ether in the inflow structure has risen from 11% to 29%.

Among other altcoins, investors are paying special attention to Solana and XRP, with investments in ETPs based on these assets amounting to $2.7 billion and $1.9 billion, respectively.

*“The influx of funds into altcoins appears to currently be limited to SOL and XRP,”* Butterfill remarked.

In October, a decision from the U.S. Securities and Exchange Commission is expected regarding several applications for spot ETFs based on altcoins.

On September 18, the regulator *simplified* the listing rules for such products. Bloomberg analyst James Seyffart predicted the launch of new instruments “in the coming weeks and months.”

Against this backdrop, the investment firm Bitwise has *disclosed* the fee structure for its Solana-based fund, which will be set at 0.2%.

Bloomberg analyst Eric Balchunas characterized the fees as “lower than expected.” He believes that low fees almost always attract investors and can lead to significant capital inflow.

The fees for Bitcoin and Ethereum ETFs approved last year also fall within the 0.20% range.

Meanwhile, 21Shares has *announced* the implementation of staking in its Ethereum exchange-traded fund. The company will also waive the sponsorship fee for one year.

The firm described this move as a “natural evolution” of investment products based on Ether, stating it would enable investors to earn yields from the protocol.

It’s worth noting that Solana’s revenue over the past year *amounted* to $2.85 billion.