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Crypto ETPs Extend Inflow Streak as BTC Trades Above $76K

Cointelegraph
Crypto investment products saw $1.2 billion in inflows last week, driven by Bitcoin's surge above $76,000.

Summary

Cryptocurrency investment products experienced their fourth consecutive week of inflows, totaling $1.2 billion, as Bitcoin prices rose above $76,000 for the first time since its February correction. This sustained inflow streak has brought the total for the year to approximately $3.9 billion, with total assets under management reaching $155 billion. Bitcoin led these inflows, attracting $932.5 million, largely from U.S.-listed spot Bitcoin ETFs. Ether ETPs also saw significant inflows of $192 million, and XRP funds returned to positive territory. Additionally, blockchain equity ETFs recorded record weekly inflows, indicating growing institutional demand for digital assets and related technologies. The U.S. was the dominant region for inflows, followed by Germany and Switzerland.

(Source:Cointelegraph)