Crypto Asset Funds Draw $882M in Weekly Inflows as Bitcoin ETFs Surge
- Weekly digital asset fund inflows hit $882 million, the highest in a month.
- Bitcoin attracted $867 million, driving U.S. ETF inflows to $62.9 billion YTD.
- Sui surpassed Solana in year-to-date inflows, signaling shifting altcoin interest.
Digital asset investment products recorded $882 million in inflows last week, marking the fourth consecutive week of gains, according to the latest report from CoinShares. This strongest weekly inflow since early March brings total year-to-date (YTD) inflows to $6.7 billion. This figure is nearing the February peak of $7.3 billion proving renewed institutional interest in the crypto market.
The trend reflects growing confidence in the sector, driven by rising market prices and increased adoption of exchange-traded products tied to digital assets. Last week’s performance represents the strongest weekly inflow since early March.
Bitcoin ETFs Rake In Vast Majority of New Institutional Crypto Investment
Bitcoin led all digital assets with $867 million in inflows, accounting for the vast majority of the week’s total. Since the launch of U.S.-listed spot Bitcoin ETFs in January 2024, these products have attracted a cumulati…
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Bitcoin Holds Above $103K, But Altcoins Start Fighting Back
Crypto Asset Funds Draw $882M in Weekly Inflows as Bitcoin ETFs Surge
- Weekly digital asset fund inflows hit $882 million, the highest in a month.
- Bitcoin attracted $867 million, driving U.S. ETF inflows to $62.9 billion YTD.
- Sui surpassed Solana in year-to-date inflows, signaling shifting altcoin interest.
Digital asset investment products recorded $882 million in inflows last week, marking the fourth consecutive week of gains, according to the latest report from CoinShares. This strongest weekly inflow since early March brings total year-to-date (YTD) inflows to $6.7 billion. This figure is nearing the February peak of $7.3 billion proving renewed institutional interest in the crypto market.
The trend reflects growing confidence in the sector, driven by rising market prices and increased adoption of exchange-traded products tied to digital assets. Last week’s performance represents the strongest weekly inflow since early March.
Bitcoin ETFs Rake In Vast Majority of New Institutional Crypto Investment
Bitcoin led all digital assets with $867 million in inflows, accounting for the vast majority of the week’s total. Since the launch of U.S.-listed spot Bitcoin ETFs in January 2024, these products have attracted a cumulati…
The post Crypto Asset Funds Draw $882M in Weekly Inflows as Bitcoin ETFs Surge appeared first on Coin Edition.
Read More