Global crypto funds see $1.4 billion in weekly inflows as bitcoin rebound boosts risk appetite: CoinShares
The Block
Global crypto investment products recorded $1.4 billion in weekly inflows, driven by bitcoin's surge above $76,000 and improved market sentiment.Summary
According to CoinShares, global crypto investment products managed by firms like BlackRock and Bitwise saw $1.4 billion in net inflows last week, the strongest performance since January. This growth is largely attributed to bitcoin's breakout above $76,000 and renewed risk appetite following potential geopolitical stabilization. While bitcoin-based products led the gains with $1.12 billion, ethereum products also saw a significant rebound, attracting $328 million.
(Source：The Block)