Crypto funds post $1.2B inflows despite market panic: CoinShares — TradingView News

Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops.

Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending June 20, CoinShares reported on Monday.

With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historic high at $15.1 billion, CoinShares’ head of research, James Butterfill, said.

Total assets under management (AUM) in crypto ETPs also edged up to $176.3 billion from last week’s $175.9 billion.

Bitcoin leads ETP inflows for a second consecutive week

Bitcoin BTCUSD ETPs saw a second consecutive week of inflows,…

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