Fineqia’s Matteo Greco discusses crypto market trends - ICYMI

Fineqia International Inc (CSE:FNQ) senior associate Matteo Greco talked with Proactive about how crypto exchange-traded products continued to attract strong institutional demand in 2025, even as digital asset prices declined.

Greco explained that 2025 reinforced trends first seen in 2024, highlighting ETPs as an effective vehicle for traditional investors seeking exposure to digital assets.

Despite a negative market trend in the second half of the year, total inflows were close to levels seen during the prior year, which had benefited from strong price action and the approval of Bitcoin and Ethereum spot ETFs in the US.

He noted that institutional interest broadened beyond Bitcoin during the year, with Ethereum ETPs recording disproportionately strong inflows relative to market capitalisation. Greco said this reflected a natural progression in investor behaviour, similar to patterns previously observed in the native crypto market.

The discussion also touched on fourth-quarter weakness, which Greco attributed to a mix of seasonal portfolio adjustments, profit-taking, and increased macroeconomic and geopolitical caution. Despite this, altcoin ETPs proved resilient, supported by new ETF launches in the US that generated fresh inflows.

Looking ahead, Greco suggested short-term ETP demand may remain sensitive to price action, but said longer-term sentiment remained constructive as issuers continue to expand product offerings across the US and Europe.

Proactive: Hello you’re watching Proactive. I’m joined by Fineqia International Inc senior associate Matteo Greco. Matteo, happy New Year. Looking at crypto prices, they fell in 2025, yet ETP assets grew. What does that tell us about investor exposure to digital assets?

Matteo Greco: 2025 was an important year for crypto ETPs. It reinforced trends seen in 2024, confirming ETPs as an effective vehicle for traditional investors seeking exposure to digital assets. Demand remained strong despite negative market momentum, especially in the second half of the year.

Ethereum ETPs saw stronger inflows than price action suggested. Why is institutional money gravitating toward Ethereum?

Bitcoin was the first asset investors used for crypto exposure. Ethereum followed years later and has remained the second-largest asset by market capitalisation. In 2025, inflows into Ethereum ETPs were proportionally stronger, showing investors are broadening exposure beyond Bitcoin.

Q4 was the weakest quarter in three years. Was this seasonal or sentiment-driven?

It was a combination. Year-end portfolio adjustments and profit-taking played a role. At the same time, macroeconomic and geopolitical uncertainty led to a more cautious investor approach.

Altcoin ETPs were resilient. Is that a sign of growing comfort beyond Bitcoin?

Yes. New altcoin ETFs launched in the US created organic inflows. Despite being riskier assets, strong institutional demand during a weak quarter is a positive signal.

Looking ahead, do you expect continued growth?

Short-term demand may depend on price action. Long-term, interest remains strong as issuers expand product offerings in the US and Europe.

Quotes have been lightly edited for style and clarity