‘Basis trade’ or HODLers: What’s behind the crypto ETF inflow spike?
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Crypto investment products notched net inflows of $3.4 billion from April 21-25, a CoinShares report highlighted — the largest influx since December and the third-biggest weekly haul ever.
Nearly $3.1 billion went into US spot bitcoin ETFs, according to Farside Investors data. Their Ethereum counterparts got some love too, as the $183 million of net inflows broke an eight-week outflow streak.
“We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned towards digital assets, which are being seen as an emerging safe haven,”…
