Crypto asset investment products have experienced a significant turnaround, with $130 million in inflows over five weeks, marking a first in the industry. The United States dominated the regional landscape, accounting for $135 million of these inflows.

Grayscale, a key player, recorded its lowest outflows since January at $171 million. Despite this growth, US regulators have been slow to engage with Ethereum ETF applications, fueling speculation about the timing of potential approvals .

The crypto space is witnessing a shift, with these inflows signaling a renewed interest. However, ETP volumes continue their decline, dropping from an April average of $17 billion to $8 billion weekly.

This decline indicates a decrease in ETP investor participation, now representing 22% of global trusted exchange volumes, down from 31% the previous month.

Regionally, Switzerland saw $14 million in inflows, while Hong Kong's $19 million was a significant decrease from the previous week's record. Canada and Germany continued their outflow trends, contributing to a total of $660 million in outflows since the year's start .